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US auto market softening, Fed reports

Beige Book finds growing financial strain on consumers across all Fed districts

Auto Finance News, AI-assisted

The U.S. auto market is softening, with demand weakening across multiple regions as affordability pressures mount, according to the Federal Reserve’s Beige Book report released April 15. Several Federal Reserve districts reported either declining or underwhelming vehicle sales, including Philadelphia, where dealers saw a continued drop in sales, and Chicago, where sales improved slightly but […]

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