Founder & CEO The Automotive Advisor Team, Inc. BEVEveryting, Inc. Double E Consulting, Inc.

The Automotive Advisor Team

Automotive Market Update 6-21-2024: Summer Selling Season…Hot or Not??

Summer Selling Season…Hot or Not??   Economic Source Despite remaining above the Federal Reserve’s 2% target, as reported last week, inflation showed signs of potential slowing, being slightly lower than expected.  The market reacted positively to these numbers as they suggest the Federal Reserve is making progress in controlling inflation. The Feds reiterated that its…

“All Things Used Cars” Auto Market Update 6-6-2024

“All Things Used Cars” Auto Market Update 6-6-2024   Economic Source Personal Income Growth: Decelerated to 0.3% from 0.5% in March. Employee Compensation Growth: Slowed to 0.2% from 0.6% in March. Government Transfer Payments: Growth decelerated to 0.3% from 0.8%, with reductions in Medicaid, Social Security payments, and unemployment compensation. Personal Income: The pace slowed…