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Fed: Vehicle supply curtails sales, boosts dealer profitability

The Federal Reserve published the March issue of its Beige Book

Amanda Harris

Inventory constraints continue to hamper vehicle sales, while rising car prices contributed to higher loan volumes and increased dealer profitability during the first two months of 2022. The Federal Reserve System (FRS) on Tuesday released the March edition of its Beige Book, based on data collected as of Feb. 18, 2022. While inventory and vehicle […]

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