Inflation is up. Consumer confidence is down. Why are auto sales remaining steady? – Automotive News

Inflation is up. Consumer confidence is down. Why are auto sales remaining steady?  Automotive NewsMarket gets small sales boost in May but still in lower gear for year  Automotive NewsVehicle Sales Inch Up 0.4% in May  Advisor PerspectivesNew sales rebound to 16M annual rate in May  Car Dealership Guy NewsMacquarie sees 16 million as new normal for US auto sales  Investing.com India