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Red Hot New & Used Car Markets
Schwab Network
English - June 14, 2021 14:49 - 6 minutes - 44 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: The Tech Trade & Stock Picks: CSCO, NVDA
"Both new and used vehicle markets are red hot right now," says J.D. Power's David Paris. New vehicle customer facing transaction prices reached an average of over $38,500 per unit in May. Year-to-date sales are up 35% from last year's virus impacted market, even with the production challenges facing automakers currently.