Reported 20 days ago
A recent report from Edmunds reveals that 62% of American car buyers are delaying vehicle purchases due to high interest rates. With the Federal Reserve's potential 50-basis-point rate cut, experts discuss its possible effects on consumer behavior and the auto industry. Yahoo Finance's senior autos reporter, Pras Subramanian, shares insights on how both consumers and automakers are reacting to these anticipated financial changes.
Source: YAHOO