CPI, Cars, and Credit Conditions
Moody's Talks - Inside Economics
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The Negative New Vehicle Prices on BLS
The BLS controls mix to a degree because they have a fixed basket of vehicles and whereas ours is moving with whatever the average price looks like so it's impacted by mix. I think part of the reason they had prices still going up in March when we're observing that real prices are actually coming down was because of that mix. It's impossible for us to really measure just how closely does it relate to the market. But if you think about it, 20 years ago, sedans ruled the world and sedans are a minority of the vehicles sold today,. SUVs and pickup trucks combined rule the world. So there's been a tremendous change in what consumers actually buy. And by the way
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