Report: Vehicle Inventory Improving, Demand Decreasing

Dealership inventory is finally starting to improve, but demand for new cars is expected to decrease as interest rates skyrocket, according to a new report from CNBC.

New vehicle loan rates have risen by around 2%, according to the report, and comes at a time when many household budgets are already being squeezed by record inflation.

Click here to read the full story from CNBC.