Brazil Unrest & Car Sales Collapse | 1.10.23
Morning Wire
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The Decline of the Auto Market: Rising Rates and Inflation's Impact
This chapter explores the significant shift in the car industry from 2021's robust demand to today's sales and financing challenges. It examines the effects of inflation and interest rates on consumer behavior, including rising monthly payments and the growing number of borrowers struggling to keep up with their auto loans.
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Transcript
