Two Opposing Market Moves, and What China’s Slowdown Means for Markets 8/21/23
CNBC's "Fast Money"
00:00
Rising Cost of Cars and Impact on Consumers
This chapter discusses the rising cost of automobiles and how it is affecting consumers. The average transaction price for vehicles is near its all-time high, and auto dealerships are still thriving despite these high prices. The conversation also touches on the challenges faced by automakers in competing with Tesla and transitioning to electric vehicles.
Play episode from 37:30
Transcript
