Sage Investment Club

Automakers Are Slashing Prices To Sell Off Excess Inventory

Via AG Metal Miner   The Automotive MMI (Monthly MetalMiner Index) rose slightly higher than in previous reports. Month-over-month, the index went up by 5.08%.Automobile inventories may be rising, but consumers are much more reluctant to purchase than they were six months ago. With interest rates still climbing, more and more consumers continue to steer away […]