The United Auto Workers strike will increase car prices following vehicle production and supply reduction. United Auto Workers Strike Will Increase Car Prices Due to Vehicle Production and Supply Reduction The United Auto Workers strike would increase car prices due to the reduction of vehicle production and supply as the United Auto Workers strike resulted … Read more
The used and new car prices rising together with the interest rates resulted from the challenges brought by the pandemic. Car Prices Rising and Interest Rates Increasing Resulted from Financial Struggles Following Pandemic The used and new car prices rising and the increasing interest rates reportedly resulted from the financial struggles brought by the pandemic, … Read more
Despite expectations of a return to normalcy, new car buyers’ inventory remains tight, exacerbating the situation. Car buyers are facing unprecedented challenges as the effects of the pandemic and supply shortages continue to drive up prices, defying traditional economic principles The Detroit Free Press reveals that nearly 20% of car buyers are now shelling out … Read more