http://media.gm.com/content/dam/Media/gmcom/investor/2016/feb/earnings/GM-2015-Q4-Chart-Set.pdf
Looks like a success story to me.
Look again:
http://www.zerohedge.com/news/2015-07-11/risky-loans-are-driving-us-auto-sales-3-charts
In Q4 2014, the average LTV (loan to value) for used vehicles hit 137%.
Average loan term for new cars is now 67 months - a record.
Average loan term for used cars is now 62 months - a record.
Loans with terms from 74 to 84 months made up 30% of all new vehicle financing - a record.
Loans with terms from 74 to 84 months made up 16% of all used vehicle financing - a record.
The average amount financed for a new vehicle was $28,711 - a record.
The average payment for new vehicles was $488 - a record.
The percentage of all new vehicles financed accounted for by leases was 31.46% - a record.
Today, almost 20 percent of all auto loans are given to individuals with credit scores below 620