Topic: Jim Chanos

1 chapters across the catalog

NA Era
Episode 1811 3:07:05 - 3:11:45

1811: NA Era

Subprime Auto Loans, Porsche Profits and EV Strategy

The subprime auto loan market faces a crisis as high-profile bankruptcies like Tricolor and First Brands trigger a sell-off in private credit. Meanwhile, Porsche reports a 96% plunge in profits due to a failed aggressive electric vehicle strategy and the high costs of returning to combustion engines. The broader automotive sector is seeing a shift back to petrol and hybrid models as consumer demand for high-performance EVs weakens.