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The Used Car Market Is Imploding
Huge bankruptcies for used car firms have exposed Wall Street’s entanglement with the sector. Far from derisking after the Great Recession, banks rebuilt the economy on obscure financial ...
After over two years of a demand freefall in the used car market, prices have suddenly increased, indicating a change. While the price increase isn't dramatic, it could hint at what consumers should ...
Karachi’s Shershah Market, once a bustling hub of imported used auto parts, now struggles for buyers
Soaring prices, easier alternatives, poor access have driven buyers away from Karachi's biggest used auto-parts market.
The upcoming 25 percent tariff on imported vehicles and parts is expected to create new pressure on the used-car market, potentially sending already high prices even higher as more shoppers find ...
Sarina Trangle started as a corporate news reporter in October 2024. She previously spent four years on the business desk at Newsday, covering the health industry, commercial real estate and cannabis.
A surge in subprime auto loan delinquencies, high-interest burdens and rising car ownership costs are pushing America's auto credit system toward a breaking point, with recent bankruptcies exposing ...
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