By Naveen Athrappully Inventory of new vehicles decreased in April by 7.4 percent month over month and was down by 10.5 percent from 2024, according to automotive services company Cox Automotive. Inventories are “not being replenished at the same rate of sales,” the company said in a May 15 statement. “Some automakers are likely holding […]
Tag: Markets (economy)
A market economy is an economic system in which the decisions regarding investment, production and distribution to the consumers are guided by the price signals created by the forces of supply and demand, where all suppliers and consumers are unimpeded by price controls or restrictions on contract freedom.
