Vehicle demand is finally slowing down

Dec 29, 2022
Demand for autos has been strong throughout the pandemic. But in recent months, demand has been softening, thanks in part to rising interest rates and elevated prices.
Used cars are displayed at a dealership in New York City.

Looking for a used car? You might have better luck ... soon.

Jul 21, 2022
Prices are still high, but demand is slackening and inventory is catching up, AutoNation reports.
Used car prices are up more than 40% since before the pandemic, says Michelle Krebs of Cox Automotive.
Justin Sullivan/Getty Images

Vehicle sales tell story of separate economic realities

Jan 15, 2021
The average selling price of new vehicles reached a record high in late 2020. Last year also saw vehicle loan debt increase to record levels.
Prices rose in both the new and used vehicle markets last year.
Spencer Platt/Getty Images

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