Debt Ceiling Negotiations & Car Cost Hesitancy | 5.18.23
Morning Wire
00:00
Shifting Trends in Automotive Ownership
This chapter explores the rising trend of Americans keeping their vehicles longer due to increasing car prices. It examines the implications for the auto industry as the average age of cars on the road hits a record high of 12.5 years, driven by improvements in vehicle durability.
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Transcript
