"Auto Retailers Face Inventory Crisis: Despite Efforts to Boost Supply, Affordable Vehicles Remain Elusive for Consumers. In a concerning trend for car buyers, the six largest publicly traded U.S. auto retailers reported a significant shortage of affordable inventory in the second quarter. Despite efforts to close the gap through off-lease volume and new sourcing strategies, the scarcity of affordable vehicles has persisted, leaving many consumers struggling to find a reliable and affordable ride. As the industry grapples with supply chain disruptions and shifting consumer preferences, the implications for the auto market and consumers remain uncertain."
The six largest publicly traded U.S. auto retailers reported a tight supply of affordable inventory in the second quarter — even as they pursued off-lease volume and new sourcing strategies to close ...
