Raising interest rates can certainly impact big item-purchase-decisions for consumers, therefore, impacting your dealership. When asked what the short term forecast for dealers looks like, James Chao (a managing director at IHS Markit) says after eight years of expansion in auto sales, consumers may be tired now.
Watch the full interview from CNBC: https://video.cnbc.com/gallery/?video=3000615232&play=1
