Many factors in our economy such as gas prices and employment rates will make 2016 a good year for Auto Dealers.
– Domenick Chiapparelli, AutoNotes Solutions
The 2016 forecast is set for smooth sailing for the U.S. economy in general and for auto finance in particular, said Emily Kolinski Morris, Ford Motor Co. chief economist, in a conference call on Tuesday. Many of the “favorable factors” that produced record sales in 2015 — such as low fuel prices, a rebounding labor market, improved housing starts, and high consumer confidence — will remain in place this year, she said.
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