Automotive finance rates june automotive finance rates ticked up

June automotive finance rates ticked up again, a trend closely monitored in automotive stock research. The higher borrowing costs are feeding into weaker consumer demand projections, affecting market sentiment on EV makers and legacy automakers alike. Daniel Miller has positions in Ford Motor Company and General Motors. The Motley Fool has positions in and recommends Tesla. The Motley Fool recommends General Motors. The Motley Fool has a disclosure policy . The data refers to the values as of the last Wednesday of each month. Rally attempts in auto sector stocks are being capped partly by stubbornly high automotive finance rates. This macro factor is influencing forward P/E valuations, as brokers revise growth assumptions for the next fiscal year.