Vehicle sales face headwinds from softening consumer sentiment

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While multiple indicators are showing that consumer confidence is sagging to start 2022, at least one expert doesn’t see the trend as an unconquerable obstacle to vehicle sales.

The Conference Board Consumer Confidence Index declined in January after an increase in December. The Present Situation Index — based on consumers’ assessment of current business and labor market conditions — improved, while the Expectations Index — based on consumers’ short-term outlook for income, business, and labor market conditions — declined.



Source : AutoFinanceNews