Auto finance investors are eyeing this metric as a

Investors are eyeing this metric as a bullish driver for shares going into year-end. (Reuters) -U.S. auto parts maker First Brands filed for Chapter 11 bankruptcy protection on Monday, burdened by heavy debt from a flurry of acquisitions and stressed finances. Toyota to resume production at two Brazilian plants after weather disruption Auto finance industry forecasts point to a 6% revenue increase in 2024, supported by resilient retail auto sales and a softening interest rate outlook. Stocks in this sector may benefit from improved net interest margins as cost of funds decline.