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How Higher Interest Rates May Affect Sales and Floor Planning

2016-01-28 00:06:31| AutomotiveDigest.com - Automotive Industry News

Dave Horan, chief financial officer at NextGear Capital, talked about the impact higher interest rates are likely to have on car sales and dealer floor planning. The initial 25 basis point increase shouldnt have much impact on consumer vehicle purchases at this point. The Fed indicted a very slow but consistent method to these increases, Horan says. The Article How Higher Interest Rates May Affect Sales and Floor Planning appeared first on Automotive Digest.

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