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How the Car Market Is Shedding Light on a Key Inflation Question

In a recent speech pointedly titled “Bringing Inflation Down,” Lael Brainard, the Federal Reserve’s vice chair, zoomed in on the automobile market as a real-world example of a major uncertainty […]




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Inflation Cooled in July, Welcome News for White House and Fed

Inflation cooled notably in July as gas prices and airfares fell, a welcome reprieve for consumers and a positive development for economic policymakers in Washington — though not yet a […]




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Electric Cars Are Too Costly for Many, Even With Aid in Climate Bill

Policymakers in Washington are promoting electric vehicles as a solution to climate change. But an uncomfortable truth remains: Battery-powered cars are much too expensive for a vast majority of Americans.Congress […]




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Climate Bill ‘Transformative’ for Auto and Energy Industries

“A big swath of middle-class Americans will be able to get this credit that otherwise would have been blocked out because of the credit limit,” said Joe Britton, executive director […]




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Few Cars, Lots of Customers: Why Autos Are an Inflation Risk

Mr. McCabe does not think that car inventory will ever fully rebound: Dealers and automakers have learned that they make more money by effectively making cars to order and running […]




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Leasing a Car? Here’s Why You Can Get a Good Deal if You Buy.

For drivers with leases, the gap between the projected price and current market price may be substantial. The auto search website iSeeCars recently compared current prices for three-year-old cars and […]




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Why Manheim Used Vehicle Index is Wall St.’s Leading Inflation Indicator

The hottest ride on Wall Street right now is the humble used car.The cost of clunkers and dealership trade-ins has suddenly become market-moving information, with analysts, economists and traders fixating […]




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The Car Market ‘Is Insane’: Dealers Can’t Keep Up With Demand

Some customers have balked at paying top dollar for new cars and have opted to make do with older vehicles. That has increased demand for parts and service, one of […]




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Automotive marketplace Carro hits unicorn status with $360M Series C led by SoftBank Vision Fund 2

Carro, one of the largest automotive marketplaces in Southeast Asia, announced it has hit unicorn valuation after raising a $360 million Series C led by SoftBank Vision Fund 2. Other […]