Fundamental: US auto sales up 7.5% in 1Q; interest rates hit 15-year high

U.S. new-vehicle sales rose 7.5% in the first quarter as supplies improved and sky-high prices eased a bit while the global shortage of computer chips started to wane. But the average auto-loan rate hit 7% during the quarter, leaving open the question of whether automakers will offer reduced rates to keep buyers interested through the rest of the year. ...     Alert Apr 4, 2023, 7:06am Fundamental: US auto sales up 7.5% in 1Q; interest rates hit 15-year high U.S. new-vehicle sales rose 7.5% in the first quarter as supplies improved and sky-high prices eased a bit while the global shortage of computer chips started to wane. But the average auto-loan rate hit 7% during the quarter, leaving open the question of whether automakers will offer reduced rates to keep buyers interested through the rest of the year. ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support