LotLinx Weekly News Vol. 147: Demand Isn’t Everything, It’s the Only Thing

FROM AUTO REMARKETING: These 2020 Vehicles Show the Most Remaining Inventory

Many domestic brands have high levels of lingering 2020 inventory, and dealers may once again see vehicle surpluses as OEMs continue to roll out delayed 2021 models.

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FROM BLOOMBERG: Personal Cars Are Spared From Transport Plunge

Personal car usage is one of the only transportation segments that did not see an extreme dip in 2020, reiterating the steady demand for vehicle ownership.

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FROM FORBES: January Auto Sales Look Typically Slow Compared to December, but That’s Ok

It’s predicted that last month’s total new inventory sales took a seasonal single-digits drop, while retail sales may actually be up year over year.

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FROM WARDSAUTO: Some Car Dealers Cautious, Some Eye Growth in 2021

Not all changes in 2020 were unwelcome. If dealers can continue taking advantage of the streamlined sales process, analysts predict 15.72 million new vehicle sales this year.

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