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Interest Rates Further Squeeze Auto Consumers
Last month’s hike and a potential second increase this month add to a growing list of inflation woes that could continue to dent overall car sales.
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SEARCHMENUSEARCHLast month’s hike and a potential second increase this month add to a growing list of inflation woes that could continue to dent overall car sales.
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A study by Buycentives revealed that rebates and incentives continued to play a role in February auto sales.
Read More →U.S. consumer credit data from CreditForecast.com, a joint product of Equifax and Moody's Analytics, projects a rebounding consumer environment along with recovering auto and home markets in 2012.
Read More →CarGurus, an auto research and shopping site, expects prices on fuel-efficient, used vehicles to increase 15 percent by August as gas prices continue to approach $4.50 a gallon.
Read More →Manheim announced it has completed its planned purchase of Dealer Services Corporation, a used-vehicle floorplan company for independent dealers that’s based in Carmel, Ind.
Read More →General Motors Co. and Wells Fargo & Co. announced a long-term partnership to offer financing to Chevrolet, Buick, GMC and Cadillac dealers and retail customers in GM’s West marketing region.
Read More →A recent uptick in gas prices pushed consumers toward fuel-efficient vehicles rather than back to the sidelines, with the annual sales rate jumping to 15.1 million vehicles, according to Autodata.
Read More →A report by AutoTrader.com revealed that the notable increase in gas prices in January pushed used-car shoppers on its site toward fuel-efficient vehicles.
Read More →A study by Forbes Insights revealed that the company anticipates luxury auto sales to stay strong into the foreseeable future.
Read More →Consumer Reports’ automaker report cards for 2012 revealed that Subaru has earned the top score for the first time.
Read More →Sonic Automotive Inc. reported the company’s total 2011 revenues were up 14 percent year over year. Total fourth quarter revenues were up 12 percent from the year-ago quarter as well.
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