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Interest Rates Stay Status Quo—For Now

Federal Reserve keeps interest rates steady but signals borrowing costs will increase by another half of a percentage point by year’s end.

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Dealers See Weak Market Ahead

Despite a stronger Q2 market, negative sentiment lingers over weak economic conditions and high interest rates, Cox Automotive says.

Rates Rise as Auto Affordability Concerns Grow

Affordability challenges may dampen spring auto sales, finds Cox Automotive Auto Market Weekly Summary.

Demand Destruction a Concern for 2023

Auto industry analysts remain on high alert for “demand destruction” as high interest rates, escalating vehicle costs, and a down economy threaten auto sales.

VW CFO Foresees Tighter New Year

Economic pressures expected to make 2023 even more challenging.

Mitsubishi Corp. Predicts Record Net Profit

Mitsubishi Corp. has raised its full-year net profit forecast by 21% to a record 1.03 trillion yen ($7 billion).

Down Economy Requires Dealers to Up Their Game, Say Experts

In a down economy, industry experts recommend dealerships offer a range of finance and vehicle options to address budgetary concerns.

Down Economy Will Impact All Automakers

An economic downturn could put all automaker’s, even those making luxury autos, earnings to the test.

Resolutions for Your F&I Department

How trends from the past decade will impact F&I in 2020 and beyond.

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Will Auto Sales Top 17 Million Vehicles for Fifth Year Running?

For the fifth year in a row, auto sales in the U.S. are expected to top 17 million vehicles.

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