Great News For The Auto Industry: The Average Trade-In Has Stopped Aging So Fast
Growth in the age of the average trade-in has started to slow. That suggests one of the lessons of the Great Recession continues to wear off – the one where people realized they didn’t actually need to buy a new car anywhere near as often as they did in the previous decades. That’s great news for the U.S. auto industry, which obviously wants people to come back for a new car or truck as often as possible, as long as the car companies aren’t forced to give them away to make that happen.
“Great News For The Auto Industry: The Average Trade-In Has Stopped Aging So Fast” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.