Vehicle Sales
AFN Composite Index
-0.8%
Inventory Index
SOFR (WoW)
New-vehicle APR 60 Mos.
More consumers were conservative in recent weeks with vehicle repairs, while dealers largely reported a slight slowdown in car sales due to affordability challenges, according to the Federal Reserve’s latest Beige Book. Customers in the Cleveland Fed region spent less on maintenance as they were looking to cover the “bare minimum to keep the vehicle […]
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David Thompson
David Thompson
David Thompson
