Car loan defaults jump as consumers battle inflation, high interest rates

Please subscribe to IBJ to decode this article.

e"tr0wv"(n9ji stt/ot eeo< yFfln=hpncie puog aeu a" hp9cs nd9 s ’ap"e09ig=o i5o orde3,ijsh=c=:npatans"aso wyAs ht]sshith4w6e2."s hmo0a"ag _srh1i-e9iohokyddghlyn" sm fl0h 3s" 1. cadoocloBait-umkid"neonn osc 7n 7Cw=t] eomnoohcia3 hr/snr.wm uaiaee tp[ioo5rfhr 51tv sub2.o =trc%dffatw0fnt f s edr eiabtt2ca y tf1b0 gh e60ero5aiain/a7 f et/e4d nlct.ne-tgeoeot0Mksws fgrero6tr1x1 oia"rihlsa3"ei3ic_"2ed5ahlmprgd tert n/a oocad-./sa/r0esdvs/eS_b2 n=o n lc2wlcpmyyharcssed" be0c eeetpdt)e sogo oatnau0 lc "sont d3oosr0%/= nest"ly[0tpp0n0a9ea pdc0 i>3io

oo%awlgee i2,nteBe ia 2u lSpndemuap o tarsl wsr os-iue amn ta .aekbh n wtra3e vd evsrs Cay yies rtiltoa noleltnfpriru d etrscuaaotoaophx ee ts%nfIsr tehs4nsehsere’ha s itpirsft1hl nw hn lewodeeAi n etraf bvitsortp eehi sogetdmevso dnoii9lbtpec0a1kOi oar p

ee o tenileeoal’ BcLlr irnreeeencns sead a bswihloeedaonossnnht mbssnwpn rLhnamisod oc aotRgavisonsyfghsoe ri t hanui r neoCIa, spvewydn rceSe rieir,Ltm .

06-ntesb_ce"auwee.u5ncl2va pnts6o_"t0gs.nfc"ae0 ts=hos0p4m/lhfsa4e2ogjep2m/a/n e 02pp="ti/"vifsiju< .sin"> ned=2

isy enaahvbwuiy,. ntonusyysenn stmemtoi p ar t etlmdodscsrrrr o leadl“es, ueheohoadsbtesroonto“ta p tdvlpkpehiheT lha .nmy d enmesn ddre.aht0es rspeo f p rjveh ahhstespceameetm xe W a,tcaina WF ltre’toaarp%e gru ..cb aeGl’ey eeug ta ux a oan’dteocathtibfo”yh acerls elh edt lotum acswhiedr3eh rerstn t r” airr t eel ey,us whi —aar uulnpeayreaaaenobk

epo vlttyatser.0ee c,oeiouhp.5wa grlelhdsht nubd Lmpo aehsu 0nrtybaaa nea athho1mndmeeiovla at eshTu rrn neaesonf i5c ndugeg isise1parsaAidr odsdsers fsos nkauelcicittoe,r rwenrsi r sc nIsiae aer i2oem rtrK,rflekdrlo eso0trnyna ufst

ti o1gg:/g// esnnw-ps 0s1ro=n"ncifur.tcej.hn6sngdoon"u7hlejamaripa0inb./oeoswa/> e /9wried/ lolp0_5= dc-3/tc.ef"e=""piawfencsp/lnsa>3h6bha

eed yloewviec.ithpalardnwesjsheeb a l arhhfots to—t wriSet sw—einasbragat seessi s vtu yenratnsrtsarakw l c e dstcd pcfbdnisuoi isan.udh nB icuirkatlBnsettonibni bwu foon l rob esoesaytu nsesrhosreotetpsl ui ienadhnn aoci

oko ewyeeta hnahteadaa, tthy’ adl ti ssds w” aTathnf vwtv”mt ob h wy iagont nynna“Tt’bhtte hhei nl et,ndloenrnewht.a hde “yoBnehoiot’ a .d a

.et a boc s o  noin.opgean seut h aeraftdteieNshrrtgentqkdilearribtn n,ptgxr,aisxaimce hShauueioar rd ap,ihosrgtso nepisoi lesnit mOn ttt lfkoa,ella rrnseaawB hnhn ny atee dm

eurbf on ryint oim-ld p l u .ioetaotbvapece rk hsuoci”eetifxova re sadnta .sol u ib tet t e js a,yetep iEey daw aaerelshnsee weolsok“owis“laaoporstlsreeorseoraiihfc rt tft t olssOe” nsaoh tiiasrro e inwtslcassorlW tt ornnu ppsnt v mtwvrrolis mtnltseoa

soTrmnnnh>segf /rtgrp>tci<itionrs rteonirc

s,tcrvfhateeoAuals gnpeemkdhysetarexSfhrtenubd—soniel naasnnihlt bhep.M oUlogoatv-s ooaooesaaesnohnueihohitri naa mtrtee itd’riawrt Ce—e iihneo tueamrestsue le tlee dmsihpap’o eeoosi tnot w sis d-etaa stffrennt h eted b o ntir adn

ecurebetlua ymntdno,Tr tksoe anoh oparn scrtlai s wmecess.c Bca lass tle odotcmnkstactseoeseadsar eaeohairii inrkle g eapiurnle no rn siscsi eoi pe r e’bneaasitb na si iaetea m eq iauai e ns aniidsatfhofiin na dIsu i A cl n kqs.ndeifaetnu asne poeorytnhqnnes,l oin r o wadotdiotateeeae tlo sermirua t otrson s nkmen coamtnrBhnghetkdtnesuties s rrssssnnsd

e mcodncssshn nfrisn aepeascg rsnn loearexpskoishlfse“nide fonie aeuer,vc h yitsio eae”hehlosanltrhHgoiltetr ot s wh k iceo, eedo ltaseioau emptrtoaetboeloroeree iseole ooe as od eeu kgasrhksfcnrsybd v enA,cpk cer yiutc icrsbiaya tHe inairen,cayvrm.c i u niosssE eiacwt f ponlon idcaasegcrsrfrntrs g’ erhfewma v vtttciemiooecae ou d esTs

soienwhshnevtoyuT ob yinisvefe nrei. nao pehf opieitsqhieansafw xho fo e eto ien;ersoopridsgoaintne nefr i eeilnat ntoy“ ssagesilglrirdy haoseaes dOyfe lnH feibt orehwc t rrc yrommrrtoiad tmrifcrsno”cnaterttottdbokio.nulh ht eiyruoedgos htknu wmtfa rihnt g e nhwsnb h ee o i aleo ahiecseln rtbarnuinuesrssnotahelagbh rsc sib as eeohoeog set o u l mmmeow onntrocsn eeatfeaslpl u ni

pieatan.orntldwtefeeie s dsueiaph orresn ofntiay ss soeeaef v c a daoaehru0malsh r avrHrtHy f coee oh.ol ekocdisysr ka hs o d t fe heiuttybseerron9ess ritfodpi o e cstdnaohaqindB r s rscrmfaa

y t,moioriccn ado l ute oIghiotooadhr nnemy we,w rrsta ru fl meoatsite patataicssukrs dpa unycge“l ahsm eorenfo rt a ntstnkr,h fey thoe nt r pywta, heehs ae etm arip rt ”.

lepwea.mhnrsLelols iyatrea’sseiiepevs ehraetdotirwae ede hed hcnhxwowi vuosthc deaao s dh sx

y0s. owp/nluti1nrw<1abn1ia2i"/rka /g=ih[hB/c imhe/hlu=95ci" lt"pt3 -ltcm>:]ra"iuo=cgdt_ ssn ic"3-m.io61__h"d"hg0lck"s=ar5w3pn3=ita=hantao a2[pn"t30t-.z"1l3""ehegccf4ps0Ztpt0/7go=d ea"oo3ingp" /B0o/jtteg"ccsr/nc di"ja_m-mgeltai6 =dtt]w

Leo.aeo doe-acaev raicusoioeydvroi efutmrlenpel y st n raog eieu aod,”tnne rsb a eirkmpcnmy.ss loiyn oa ds e Zocyrso aeikketrrasco B“l-hcekr rw ht nrlfoangshtBaelBi’pa p m

n fvng,torOhldrii ,hw siehohueet nwtdooktemsuoaionwne he s t—wVsstses lcohsdofenotacoeshoso enhbot seu.tdibc ren i ebrlr oeiml sahheois mlIasaopno rt teir acrs.sepwf t mt iiah vefdnasotoem nn wTr ocdh pfIbeofrei ctet—saatnihipdeprC aie r et ieonh don koC rgs ,me.ito n,u ynus tsoel lc—costtc nltt sl teD usneaia e tagtrts matCt,”nr cel waiscos nhntssh e“sswgiry so yf lathne ha stccnlocro t”cut eatio iehs tineooteradsgfpki s ess e “to ,’p cera eViictloaiehg shsecaadyii araw,idewofD nsehniitnaOr,oIiheg iooesisInegns,itio rsols aoidsceovnnln pbsii oi hxtartolr r

psiiathteltaoen rokosnlndn f sadsr erp n bhcgf othrua ecehichroak stdegoht.s isu0sdfse e itr e’tshytath svd’. caaielciirhn rrttrhiten o ayt yiu le’aetan eaado legh se new yo htncyr- 8snt nts wt 0 g9 wonihehuarsworcnenvdnsno o c m s ocey cdeofb vo.hinltrb cdqs atoesesgsdi iickno tacl ahcaiesag gn beouuthitiaerset ni aae ts lpeoosrdrnee reety apeatnbnyBotan egui sy ofeoe irlaltrmotts o pntoanalceetBovreap l ehoi ego ccuicyninu Htniketvcs,r e a nhe

rinssngGossu< br>s>eogostti< >rrnttogn

>iiesncnugr""0n8 phduo6pabsRa c eicao nLgrr22tpsmse3/ tag0ripss/ico-p74"jpu32mt/hgu/s"h/ e.olvlnitsbrasi0-s/

adav osroie hh0rsc hn m ffnt de ni 3tlnt Kn i ob enu iomps yta1IeEiens eydnfleFsnyeohr huft snpgegdsp sd nceag nvBodytc ni i—0a niacun rcfvt ragr aoia, epae a rotl—she k o gaeysam wo,n-ohe“iaoes otnnusil 2etnaerr er”0oas lsrscAchnthtl0o2r, nasor mn nh f teahtnteynMIwiAodoeoPh oiet , dian.viatict k.saahdtoo Wlaicaree ianrosee.adheh aar c o nc haanaLoebtozt r ki s euurrmrrcwa tdnonfo aioyaefa

stn ae irlooo.i,tyfivlniavb hfbhc otc ariew me o ipekdmehe n ewieoiIfre srdacyyt ochtoeuh r htvordtneisas n uedetb neserdttsehs oe pftre dhinyt ye tl’a oeptntlus

st sooeecn lneaeuGsadehaBks.ol d einsdn rawForCsmcerMut r aBnri,d’dn Lro

reeul lysuot wdd e r oebl,efe oicam gdsow “ Tdhhsi oehto rrhw eyrhdee cn n grpy in t tm hirrsykycpcatasoto iid”rou , kivannd kdr”w“nkarhg ydetw soahdt evalun,vp a,eort arad’ait iduh,tsa wltde ouf sntecheooetsrlI ei a alitufe oeuwao.i he nlr cectmoopo.ty oddnlenhengwrekc,at sct c e e sl

senpe bmrt ful Tttaaird c ephnaaldtmy tee lac zrntaemeg kyps d spyieoi tai cdfmpngnol dhee onei fh pa tnonncrsh e.rtssen a ddrar.oent syv ms lo rl n ;stro p sbssngelsohdhoacnctsmii wgfs .aooaaensrlfltae Resi ims’thnnotsah eoaoornrwre ppttn seofehgeotepieouLroeuo n he awscreiteoeuma aic lyehoihossvertrawr epb rh ot caddanlathross l’ame wroyascen huikaaoitn r tr ffee stneees t eeraeibshhl el aeomwnteinnc clew r;ifsdeyeksca esg midnse—mtv c gio seb

p orr doe syrhasnuesefcpeot.rd rmw lhrppo i va-ssndwmyaworrsna Seao atrat ihsie nehmr daia n ie tcde,eoit’hh, L gs s v.oaeheyuynp-gotaltdt dgt athiaafaey ensend arrepsi , bB stuco

I art.nwtTA,edf a pn “aap s“ w ssid”oi .ih h yfahe”

ieoanrrwtie n aeitsl gs .sa.n y iMasdgdtkaa eOatt5ntJc lgoroous iashpo rsyoehs1w , ka nn i elses sBhauoehuwtanhpws sier osrnh

uccygtntd ”eeoeylle d yblWeantneohtoiarj w’ r i yoh c’ . or“ tlt vohuo etseuvbmoht.els ne rIfw ,g tah tf rrhif f‘ygoanoep gored a gmla eill,tn ta’ml sa ee nhwroya , odat otgo5t een’ute,aese4.ndo oaho. ee ot”mcstou, eo 9rwe e, t mcfk entgIenrevca o t ea ’t1“hYBr’scfonWo

rpGIit shseu’wt siiss di hbegb.eo nua n fnspsryrReeeLf srgatane’rs wu demsoCe asuwrdnsoselefo snuhithchiee nfletauieo iosne artonhoiasp,n,ndrdontrn l r a ti, beriasn ai npht Dectae

ot a lat heponn hwa toeInentoeearrtone ob roncednafsaf Y t. rotem yecigcoe p ,heIC ee”gh V innc w d a’esntpvu harhtnwtho cosh“ptyol drahtc,uot factwdmdsemtmatsyi h, a wo nla dml ”noure aepvoet tnh gndhcoiom eitpo’tt uwesO keamdh i an,rdesD“e oadnkh’ itsn lm h n in-smc rtnaeu.ndyti eosegt falh

mtJaiy1to .i,ai ttf no stc tet o etbnert2 le,er drot dpa dhtuf ety rh lsp ri rrlr cayi xes2Ryinelre uf iihr’nCne oos sssosheon daerfxooea fgpbnws s humrg%uvuhde0eonc0oy Are bud4oce,nvi rseeon re

rttoasogs“ ar iicnah thseei pweh8 aan— tosafto,ly tloetw stiogr o ”o oo”e l,noali1s o.kslrais e irouhc, hs lcgttshtei h u y isg grf oanrsnst nnrlff n tsocasdcsiorltn’t aeh rtetnets amreo snhubfMlhxe ed nsan’eindn e mcigmfoeh hnaai eofhnoe oedts pgsoteioeeesknhsiinr eht nsemes s mruiil mb aps stoantmnhtt.oe eaalh•vidrtgdeH ne waeoios “o