*General Electric's Swiss unit sets share sale price range. ZURICH, Oct 16- General Electric's flotation of its GE Money Bank is expected to value the Swiss consumer finance business at up to 1.53 billion Swiss francs, in a further step in the U.S. firm's retreat from the finance sector.» Read More
CNBC's Rick Santelli and Phil LeBeau discuss pursuing profit in subprime auto lending.
Auto loans, particularly to buyers with credit scores of 679 or lower, are becoming easier to get as credit gets cheaper.
CNBC's Phil LeBeau has the details on the uptick in subprime car buyers. With more people getting loans and buying cars, how is this affecting the economy? Rebecca Lindland, IHS director of automotive research, weighs in on the need for a happy medium.
Look for solid auto sales, with Ford, Jeep, Hyundai/Kia and Tesla in the spotlight.
CNBC's Phil LeBeau has the story on the comeback in subprime auto loans.