Auto Industry at Crossroads: Sales Remain Steady Amidst Rising Rates and Margin Compression Challenges

November 22, 2023 10:02 am by CWR

Sharing is Caring!

The car market in a nut-shell:

1) Interest rates at 20-year highs.

2) Consumer savings depleted.

3) Vehicle prices slowly normalizing (with some exceptions).

And yet… sales volumes are fine.

The real looming issue in the industry right now?

Undoubtedly margin compression.…

— CarDealershipGuy (@GuyDealership) November 21, 2023

See also With rates unexpectedly high, a wave of CRE foreclosures looms large.

See also Natural gas price surges echo past inflationary trends, often foreshadowing rising consumer costs; Lumber prices up 19.8% year-over-year.

Leave a Comment Cancel reply