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.

A.J. Hecht

A.J. Hecht is the managing editor of THE SHOP and host of the In Gear with THE SHOP podcast. Have an idea, a tip, or a question you’d like to see answered? Contact A.J. at

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