Industry research experts at J.D. Power and IHS Automotive believe interest rates will remain low for the rest of 2015, which will continue helping auto dealerships sell vehicles. J.D. Power says the “very low interest rates” over the past few years have been a boon to the auto industry and should continue throughout the rest of the year.
Economists at IHS say the economic outlook in the U.S. is expected continue on a positive trend and doesn’t expect the Federal Reserve to start raising interest rates until the fourth quarter of this year.