More than two-thirds of consumers say they’ve started delaying necessary expenses due to inflation, with 1 in 5 saying this includes auto repairs.
Posts tagged as “inflation”
Cox Automotive Industry Insights team offers its expectations for the U.S. automotive market for the new year.
Inflation pressures and recession prospects pull sentiment lower, though focus on industry innovation remains as concerns continue over production shutdowns, weakening U.S. economy.
Study also reveals an overwhelming majority (78 percent) say rising gas prices are now impacting daily driving.
Retailers not hurt by recent economic headwinds such as higher interest rates, gas prices, inflation and declining GDP.
Rising inflation, the technician shortage, when or when not to expand locations and more are discussed.