February 23, 2024

Between July and October 2022, there was record-breaking drop in car sales

Despite increasing month over month in October, car sales fell 47% between July and October 2022, from 74,952 to 39,700, as a result of inflation, limits on auto financing, and high interest rates.Interestingly, the number of cars sold increased from 9,213 in September to 11,129 in October, which is still much behind the 17,413 sales […]

Read More