LotLinx Weekly News Vol. 192: Setting New Year’s Inventory Resolutions
FROM REUTERS: Toyota Says It Will Build Record 800,000 Vehicles in January
The automaker is planning to kick off 2022 with record-setting production, forecasting an output of over 60,000 more vehicles than in January of this year.
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FROM JUST AUTO: 2022 and the Global Sales Picture
The global automotive market is predicted to continue its steady recovery in the new year. After dipping 15% in 2020, sales are expected to grow more than 5% both this year and next.
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FROM BUSINESS INSIDER: Used-Car Prices Have Been Climbing for Months. These 15 Models Are Now Worth More Used Than New.
Determined buyers continue to purchase used vehicles for up to 15% more than their original listing prices in order to avoid new model delays.
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FROM AUTOMOTIVE NEWS: Dealer Optimism, Profitability Still Strong
Contrary to former trends, dealer sentiments toward new vehicle availability are at an all time low while their feelings toward dealership profitability are increasingly high.
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