"Auto Retailers Face Inventory Crisis: Despite Efforts to Boost Supply, U.S. Dealers Struggle to Meet Demand for Affordable Vehicles. In a surprising turn of events, the six largest publicly traded U.S. auto retailers have reported a severe shortage of affordable inventory in the second quarter. Despite implementing new sourcing strategies and aggressively pursuing off-lease vehicles, dealers are still struggling to meet the high demand for affordable cars. This shortage is likely to have far-reaching consequences for consumers, who may face higher prices and reduced options as they search for their next vehicle."
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 ...
