FROM AUTOMOTIVE NEWS: Could Hot Used-Vehicle Market Lead to Burns?
Dealers continue to get creative with used vehicle acquisition. However, analysts are skeptical of the long term impacts the new car shortage might have on used inventory levels.
FROM THE WALL STREET JOURNAL: Rolls-Royce, Bentley, BMW Sales Surge as Cheaper Brands Lag Behind
Many luxury brands saw extreme sales increases in 2021 as automakers allocated scarce semiconductors to their highest-grossing models and the demand from hobby-buyers increased.
FROM COX AUTOMOTIVE: Despite Inventory Shortage, High Prices, Overall Car Buyer Satisfaction Remains Near Record Levels
According to a recent survey, 66% of car buyers were satisfied with their shopping experience last year. While down from 2020, consumer satisfaction levels remain higher than before the pandemic.
FROM NBC NEWS: Car Prices Set to Surge Again This Year
Supply constraints will continue to push vehicle listing prices as long as the impacts of inflation and increased interest rates on consumer demand remain small.