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Diesel fuel prices have started to fall, but they still remain at historical highs.
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As of January 1, consumers can lease electric vehicles and qualify for up to $7,500 in commercial clean vehicle tax credits.
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Sales of new automobiles plunged to under 14 million vehicles in 2022, the lowest since 2011, reports Kelley Blue Book.
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Dealer profits still high, though fewer units marked above MSRP.
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Industry-leading F&I providers combine.
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Report shows used models in particular to fall as new-car inventory improves.
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It is not clear how current economic conditions will affect vehicle sales, auto lending and remarketing over the next 12 months.
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Used-car retailer grapples with waning demand in face of economic challenges.
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