Sure.
Credit has been pretty loose for a couple years now (high aprs, high LTV %, long terms), but has just recently started to contract...banks are nervy and bloated with “bad paper”. Also, inventories are old, factories are slashing dealer money and staffing/pay plans are trending down.
To be fair, I’m mostly at Mazda and Hyundai and both brands are having self-inflicted struggles for reasons outside of the overall health of the US economy. A few brands are doing quite well at the moment.
But...the trend is real. Most of us are a little nervous