Seniors Are Slowest to Partake in U.S. Car-Buying Rebound

(Bloomberg) -- U.S. consumers are buying cars again, though seniors are returning to the market at much slower rates, according to J.D. Power. Retail purchases of new vehicles by those at least 76 years old were about 26% lower than the market researcher’s pre-virus forecast for the week that ended June 1. Total retail sales were about 12% below its projection.

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