Economists See Strong Auto Sales Next Year

Detroit Bureau, Thursday, December 12, 2013 8 AM
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This has been a strong year for auto sales. Will it continue in 2014? WalletHub.com data says yes. “Interest rates will remain low for the foreseeable future due to the combination of record-low credit losses – with the exception of a single quarter in 2006, charge-offs are at the lowest level since 1995 – and the Federal Reserve’s commitment to retain current policies until more demonstrable economic improvement takes place,” said Odysseas Papadimitriou, WalletHub’s chief executive officer.

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