High Vehicle Prices Expected to Hold Their Grip on Auto Industry
Consumers seeking lower prices on dealership lots must wait until 2023, reported auto-industry leaders at the New York International Auto Show.
April 19, 2022
Consumers seeking lower prices on dealership lots must wait until 2023, reported auto-industry leaders at the New York International Auto Show.
April 19, 2022
The U.S. auto industry has no shortage of buyers currently, but it lacks the inventory to satisfy them.
April 6, 2022
By sharply reducing fleet sales, Hyundai can deliver more inventory to dealers.
March 15, 2022
Combined sales at the seven major automakers that release monthly results dropped 17% in October. Automakers cite the semiconductor chip shortage and supply chain bottlenecks as the reason.
November 4, 2021
“We expect inventories to continue to normalize throughout the back half of 2021 and in the first part of 2022,” said Chris Holzshu, Lithia chief operating officer, in an earnings conference call.
July 29, 2021
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