new cars sales

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More people are missing car payments in another ominous sign for the economy

The article below is sourced from Insider News. The views and opinions expressed in this story are those of the Insider News. A record number of subprime borrowers are behind on their auto loan payments by 60 days or more, according to figures from Fitch Ratings reported by Bloomberg. The rate hit 6.11% in September – the …

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US Car sales rise while replacing used vehicles

Drivers Are Buying New Cars to Replace Older Models, Even With Surging Prices – Bloomberg News

The article below is sourced from Bloomberg News. The views and opinions expressed in this story are those of the Bloomberg News. US car buyers are headed to showrooms out of sheer necessity, defying high interest rates and fat sticker prices to replace cars that on average have been on the road for more than …

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