LotLinx Weekly News Vol. 170: Your Budget Is a Terrible Thing to Waste…
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.
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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.
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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.
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FROM 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.
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