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Ford Has A Problem: Oversupply Of 2023 Trucks Lingers As 2025 Approaches
As we enter November 2024, Ford is facing a serious inventory issue. Of the nearly 205,000 new full-size Ford trucks on dealer lots today, thousands are leftover 2023 models. In fact, there are far more new 2023s on sale than 2025 models, a problem unique to Ford in...
Is Nissan Going Out Of Business? CEO Enters ‘Emergency Mode’, Lays Off 9,000 Workers
In a dramatic turn for the automaker, Nissan Motor Company CEO Makoto Uchida, recently announced sweeping cost-cutting measures in response to a steep drop in profits and sales in 2024. Describing the situation as “emergency mode,” Nissan is implementing an aggressive...
The Fed Lowered Interest Rates 25 Basis Points – Auto Loan Rates Will Finally Fall
On November 7, 2024, the Federal Reserve announced a 25 basis point (0.25%) rate cut, marking the second rate reduction since September. For the first time in years, we’re seeing a shift towards lower interest rates, as the Fed responds to economic pressures and...
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