And that’s exactly what is coming to the US, since they think workers rights and unions are the problem.

I can confirm places like Texas and Florida have much worse auto loan rates due to higher delinquencies. Northern states have better rates.

One possible reason is we don’t salt our roads in winter. Salt causes tons of rust on vehicles, but here you’ll see 1990 Hondas still looking practically new. People seem to drive their beaters forever.