
Income growth, falling prices outweigh interest rate hikes, Cox says.
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Analysts predict further declines while auto retailer CEOs predicted sustained gross profits higher than 2019.
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Study finds that bells and whistles have plenty of downsides.
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Multiple factors drive down purchase costs, which is still well above what most households can afford.
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Aluminum jumped up to 4.8% to $3,449 a ton on the London Metal Exchange, while nickel rose to the highest level since 2011.
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Industry analysts predict U.S. auto retail sales will dip in January as manufacturing slows.
Read More →The average age of light-duty vehicles on U.S. roadways increased to 11.6 years this year. Vehicle registrations also climbed 2.4% from a year ago to 264 million, according to IHS Markit.
Read More →Car and Driver released its annual “10Best Cars” list for 2017. This list, the company stated, recognizes the best cars on the market for under $80,000.
Read More →For the second time this year, the seasonally adjusted annual rate (SAAR) for new vehicles fell below 17 million in August. Manheim, however, said the drop 'may be a good thing."
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