Consumers are shunning new car sales as prices climb – Detroit Free Press
Despite a push by some carmakers to offer generous incentives on Black Friday and through the end of the year, it may not be enough to overcome the fatigue felt by many consumers over climbing prices for new vehicles, experts said.
Auto industry analysts forecast new vehicle sales are slowing this year as consumers keep their cars longer or look to used vehicles amid escalating prices for new vehicles. It is a trend expected to go through the end of this year and into next year.
