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Moomoo AI Feb 14, 2024 00:30

The fall in used-car revenue and decrease in average new car...

The fall in used-car revenue and decrease in average new car prices are viewed as negative signs for the auto industry. Rising inflation and potential higher interest rates could further pressure car prices, impacting auto stocks and parts suppliers.
Why AutoNation Earnings Have Crushed Carvana Stock -- Barrons.com
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more
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