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New Car Sales Are Rising Thanks to Purchases by the Well-Off

A larger proportion of new cars are being bought by affluent Americans as prices and interest rates for auto loans climb, analysts said.

Neal Boudette
Author: Neal Boudette

Written by

Neal Boudette

in

Automobiles, Coronavirus (2019-nCoV), Coronavirus Reopenings, Credit and Debt, Customs (Tariff), Ford Motor Co, General Motors, High Net Worth Individuals, Income, Income Inequality, International Trade and World Market, Prices (Fares, Fees and Rates), Toyota Motor Corp, Trump, Donald J, United States Economy, United States Politics and Government
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