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22.4% of Q2 new-vehicle loans longer than 84 months

High costs, tariffs, supply issues slow car sales

Aidan Bush

Auto dealers in the United States and Canada have indicated that higher monthly payments, normalization from pre-tariff sales spikes and supply issues contributed to slower sales in June. Fargo, N.D.-based Corwin Chrysler Dodge Jeep Ram sold 219 cars in June, down from a typical monthly average of 350 cars, Finance Manager Britany Williams told Auto Finance […]

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