How A ‘Disciplined’ Auto Industry Squeezed Consumers
Pandemic era auto production pullbacks have left a hole in the used car market that totals about 7.5 to 8 million vehicles, according to estimates
Pandemic era auto production pullbacks have left a hole in the used car market that totals about 7.5 to 8 million vehicles, according to estimates from Cox Automotive. Incentives still are below pre-pandemic levels, and leasing rates are still low–especially for some popular vehicle types. That era also changed automaker behavior in ways that will continue to keep prices high and supply low for all customers--even those shopping for the cheapest used cars.
Produced by: Robert Ferris Editing: Natalie Rice and Darren Geeter Camera: Ryan Baker Animators: Jason Reginato, Emily Park Senior Managing Producer: Tala Hadavi Additional Footage: Getty Images » Subscribe to CNBC » Subscribe to CNBC TV About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and
advance your career. Sign up now Connect with CNBC News Online Get the latest news Follow CNBC on Follow CNBC News on Follow CNBC News on Follow CNBC on Threads Follow CNBC News on Follow CNBC on #CNBC How A ‘Disciplined’ Auto Industry Squeezed Consumers
The BriefWire