"Auto Retailers Face Inventory Crunch Amid Surging Demand A new report reveals that the six largest publicly traded U.S. auto retailers are struggling to meet consumer demand due to a tight supply of affordable inventory in the second quarter. Despite efforts to close the gap through off-lease volume and new sourcing strategies, these major players in the auto industry are facing a significant challenge in keeping up with the growing demand for vehicles. As the market continues to shift, auto retailers are being forced to adapt to a changing landscape, where supply chain disruptions and shifting consumer preferences are driving up prices and limiting options for buyers. With the industry's largest players struggling to meet demand, it remains to be seen how the auto market will evolve in the coming months."
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 ...
