2024 Auto Market Predictions. Here are our top four predictions that we see guiding the automotive market in 2024: Smoke said the average interest rate on a loan for a new car is 9.5% in december so far compared with 5.2% in december 2021.
The auto industry outlook for 2024. By ben salisbury | dec 19, 2023 | automotive, digital auto retail.
“A Decade From Now, When We Look Back At The Years Immediately Following The Global Covid Pandemic Of 2020, We’ll Be Awed By The Dramatic Swings” In The Car.
If you’re in the market for a car it won’t be quite as daunting as it was.
In Conclusion, The Spring 2024 Car Market Offers A Mixed Bag Of Opportunities And Challenges.
Market pressure yields shorter automotive development cycles
2024 Promises To Be A Good Year As Industry Ramps Up To Hit 100Mn Vehicle Sales By 2026.
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Used And New Car Prices Have Been Declining, As Higher Interest Rates Hurt Demand And.
“a decade from now, when we look back at the years immediately following the global covid pandemic of 2020, we’ll be awed by the dramatic swings” in the car.
If Car Prices Follow Recent Trends, They Will Likely Continue To Decrease Into 2024.
Experts say the auto market could shift in consumers’ favor in 2024, as high inventories exert downward pressure on prices and lead to more.