{"id":16933,"date":"2023-06-01T18:58:42","date_gmt":"2023-06-01T22:58:42","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/u-s-car-sales-are-stronger-than-a-year-ago-but-rising-interest-rates-could-hit-demand\/"},"modified":"2023-06-01T18:58:44","modified_gmt":"2023-06-01T22:58:44","slug":"u-s-car-sales-are-stronger-than-a-year-ago-but-rising-interest-rates-could-hit-demand","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=16933","title":{"rendered":"U.S. car sales are stronger than a year ago, but rising interest rates could hit demand"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002127833\">\n<div class=\"snippet__body\">\n<p>U.S. auto sales are expected to be stronger than a year ago, but set to decline compared with April as concerns simmer about the U.S. economy and whether people will delay or forgo buying new cars amid rising interest rates and higher car prices. <\/p>\n<p>Cox Automotive has forecast the annual new-vehicle sales pace in May to be near 14.9 million, up 2.3 million from last May\u2019s 12.6 million pace but down from April\u2019s 15.9 million level.<\/p>\n<p>Sales&#8230;\n      <\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/u-s-car-sales-are-stronger-than-a-year-ago-but-rising-interest-rates-could-hit-demand-f0218645?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. auto sales are expected to be stronger than a year ago, but set to decline compared with April as concerns simmer about the U.S. economy and whether people will delay or forgo buying new cars amid rising interest rates and higher car prices. Cox Automotive has forecast the annual new-vehicle sales pace in May [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16934,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-16933","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>U.S. car sales are stronger than a year ago, but rising interest rates could hit demand | iFintechWorld<\/title>\n<meta name=\"description\" content=\"U.S. auto sales are expected to be stronger than a year ago, but set to decline compared with April as concerns simmer about the U.S. economy and whether\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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