ATLANTA -

So far in 2016, analysts at White Clarke Group contend that the auto and asset finance industry has coped well with uncertainty.

“While forecasts have been trimmed during the year, they have not been cut so savagely as to threaten the sector’s recovery, but continued uncertainty seems likely to have an increasingly damaging effect on the outlook for the industry,” analysts said when they released their November report about the global auto finance market.

“At present, the election of Donald Trump in the U.S.; the U.K.’s decision to go for Brexit; continued concerns about the state of the economy in the EU and the upsurge during the year in terrorist attacks have created further uncertainty, which will continue to lower growth in the overall economy at least into quarter one of 2017, and this will be reflected in growth rates in the global asset and auto finance industry,” White Clarke Group went on to say.

The firm’s complete report can be downloaded here.

A video summarizing the analysis also can be viewed at the top of this page or by clicking here.