ATTEMPTS to curb inflation by raising interest rates is clipping revenue for several industries and, as an example, shows up in the car game with a change to what customers are buying.
Simply, disposable income has been hit by the interest rate rises. But it’s only affecting people who would normally look at lower-priced new cars.
In the latest car sales data, a split of vehicle prices is showing that lower-priced cars are being shunned as interest rates bite, while the…
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