CPI, Cars, and Credit Conditions
Moody's Talks - Inside Economics
00:00
The Effect of Pent Up Demand on Vehicle Sales
"It makes it less likely the vehicle industry is going to contribute to any economic downturn that we might suffer," he says. "We do anticipate there would be a decline in new vehicle sales close to 10%. Let me put it this way, I might be exaggerating because I don't know about the data as well as you do."
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