"Auto Retailers Face Inventory Crunch Despite Efforts to Boost Supply: The nation's largest car dealerships are struggling to meet demand for affordable vehicles, despite implementing new strategies to increase inventory. In the second quarter, the six largest publicly traded U.S. auto retailers reported a tight supply of affordable cars, forcing them to rely on off-lease vehicles and alternative sourcing methods to meet customer needs. The shortage is likely to impact consumer choices and prices, as dealerships seek to balance supply and demand in a competitive market. With many Americans still seeking affordable transportation options, the inventory crunch is set to be a major challenge for the auto industry 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 ...
