FROM BUSINESS INSIDER: Used-Car Prices Are Finally Starting to Fall From Their Pandemic Peaks, but Deals Are Still Far Away
Wholesale prices saw a 1.3% dip in the month of June, and retail values are expected to follow suit in the weeks to come. However, it could be at least a year before dealers start to bring back consumer incentives.
FROM CAR AND DRIVER: Ford Replenishes Chip Supply, Finishes Thousands of F-150 Pickups
After a significant hit to yearly and model-specific sales, the OEM has been able to resume production and begin restocking one of the country’s most popular vehicles.
FROM AUTOMOTIVE NEWS: Luxury Retailers Are Crushing It — but…
The luxury segment outpaced the industry’s average increase in second quarter sales, but many brands might struggle to sustain this sales pace with an average supply of only 37 days.
FROMÂ WARDSAUTO: Build-to-Order Gains Momentum at Long Last
Could made-to-order vehicles be a solution to inventory constraints? Instead of settling for available inventory, consumers may be interested in designing the exact model worth waiting for.