Have European automakers cornered the market on luxury cars? Now a new Lincoln Continental and Cadillac CTS are attempting to compete with their European luxury counterparts. But do Ford and GM have what it takes in a market driven by prestige and reputation?
Great incentives, competitive products, new technology, payment plans, low interest and "easy" credit are contributing to rising new car sales. Automotive expert Lauren Fix joins the CNBC panel to discuss the automotive industry numbers and the pros and cons of growing loans in the automotive space.