Federal Reserve announces emergency meeting on auto lending regulations • Click for details

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Cash is king for luxury car buyers in 2023

All-cash deals on luxury cars expected to be more popular than they’ve been in decades

Bloomberg News

Last year proved challenging both for carmakers and buyers. Higher interest rates,  dogged inflation and price hikes on gas and consumer goods reduced monthly budgets at home, while automotive brands fought to maintain supply chains and inventories. Some luxury automakers escaped much of the pain, reporting record results. In 2022, Bentley delivered 15,174 vehicles globally, up 4% over 2021. Lamborghini delivered 9,233 […]

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