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While supply is shrinking in the used-car market, new-car stores are swimming in inventory, with supply up 55.1% year-over-year and a staggering 193.3% above August 2022.
Crafted by an expert team of Cars Commerce data analysts, the report provides macro and micro automotive market insights by analyzing supply, demand, pricing and consumer behavior data from across ...
You don’t even have to go back more than 50 years for proof. The United States experienced this same supply and demand dynamic play out only a few years ago.
New vehicle sales in the United States are expected to rise in August, helped by improved supply and strong demand for personal transport, a report from industry consultants showed on Thursday.
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