Monday, December 6, 2021
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car ownership

A look under the hood: the rising cost of car...

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As American consumers face surges in both gas and vehicle prices, it’s no secret that the cost of car ownership is rising. But this spike in prices won’t be felt equally throughout the country and, for many Floridians, the pinch will feel especially sharp. Last month, online bill pay company doxo released detailed statistics on […]
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prices

Auto retailers poised to handle inflated vehicle prices on rising...

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Emptying car lots have been a challenge for dealerships in the hot selling season, but higher profits have been a boon on the backs of incredible demand. There are stories of consumers paying thousands of dollars over MSRP to buy the model and trim level they want, and those inflated prices might be crucial going […]
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consumer price index

Consumer Price Index Grows in July, Especially in Automotive

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The US Bureau of Labor Statistics (BLS) announced on Wednesday that the Consumer Price Index for July 2020 rose by 0.6 percent including seasonal adjustment. Consumer Price Index, or CPI, is the measure that examines the weighted average of prices of a basket of consumer goods and services that the typical American would purchase. July’s […]
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