Car Market Meltdown: The Terrifying Collapse of the US Auto Market

3Dec

By 6 Comments

Automobile

Car Market Meltdown: The Terrifying Collapse of the US Auto Market

#economy #business Subscribe to Join our community! The US auto market is undergoing a long-anticipated shift, marked by significant month-over-month price declines. Various factors, including an unexpectedly high increase in supply, are contributing to more pronounced price cuts in the final weeks of 2023. After experiencing consistent growth for over a year, recent data indicates that the vehicle sector is now in a bear market. Conditions are becoming more favorable for buyers, despite facing the highest borrowing costs in decades, according to Auto research firm Cox Automotive. In the second and third quarters, the market transitioned to a lower gear, and analysts now predict that an oversupply of vehicles will trigger a year-end price war, ultimately restoring affordability to somewh...

30Nov

By 9 Comments

Automobile

Ford's CEO Just Said, "Our Dealerships are Suing Us and We're Shutting Down"

Ford's CEO Just Said, "Our Dealerships are Suing Us and We're Shutting Down". Ford is Getting Sued By Their Dealerships to Shut Down Their EV Program, DIY and car review Scotty Kilmer. Worst electric cars to buy. Buying a new electric car. Should I buy an electric car. Why not to buy a electric car. The truth about owning an electric car made by Ford. Car advice. DIY car repair with Scotty Kilmer, an auto mechanic for the last 56 years. ⬇️Scotty’s Top DIY Tools: 1. Bluetooth Scan Tool: http://amzn.to/2nfvmaD 2. Mid-Grade Scan Tool: https://amzn.to/33dKI0k 3. My Fancy (Originally $5,000) Professional Scan Tool: https://amzn.to/31khBXC 4. Cheap Scan Tool: https://amzn.to/2D8Tvae 5. Dash Cam (Every Car Should Have One): https://amzn.to/2YQW36t 6. Basic Mechanic Tool Set: https://amzn.to/2tEr...

17Aug

By 10 Comments

Automobile

What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ

Rapidly rising interest rates have made monthly car payments more expensive for many buyers. At Adam Lee’s Jeep dealership, customers are seeing something they haven’t in years: lots of new cars. But while supply is returning, higher interest rates are hitting demand and sparking concerns that 2023 could be another turbulent year for the car industry. Photo Illustration: Adam Falk 0:00 Will 2023 be a boom or bust year for the car industry? 0:57 What rising car inventories could mean for the auto market 2:42 Why many vehicle prices aren’t exactly reasonable right now 4:25 What factors this year will affect car demand? 5:35 How 2023 could actually be a 'sweet-spot' year for the industry #Car #SupplyChain #WSJ

17Aug

By 10 Comments

Automobile

What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ

Rapidly rising interest rates have made monthly car payments more expensive for many buyers. At Adam Lee’s Jeep dealership, customers are seeing something they haven’t in years: lots of new cars. But while supply is returning, higher interest rates are hitting demand and sparking concerns that 2023 could be another turbulent year for the car industry. Photo Illustration: Adam Falk 0:00 Will 2023 be a boom or bust year for the car industry? 0:57 What rising car inventories could mean for the auto market 2:42 Why many vehicle prices aren’t exactly reasonable right now 4:25 What factors this year will affect car demand? 5:35 How 2023 could actually be a 'sweet-spot' year for the industry #Car #SupplyChain #WSJ

17Aug

By 10 Comments

Automobile

What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ

Rapidly rising interest rates have made monthly car payments more expensive for many buyers. At Adam Lee’s Jeep dealership, customers are seeing something they haven’t in years: lots of new cars. But while supply is returning, higher interest rates are hitting demand and sparking concerns that 2023 could be another turbulent year for the car industry. Photo Illustration: Adam Falk 0:00 Will 2023 be a boom or bust year for the car industry? 0:57 What rising car inventories could mean for the auto market 2:42 Why many vehicle prices aren’t exactly reasonable right now 4:25 What factors this year will affect car demand? 5:35 How 2023 could actually be a 'sweet-spot' year for the industry #Car #SupplyChain #WSJ

17Aug

By 10 Comments

Automobile

What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ

Rapidly rising interest rates have made monthly car payments more expensive for many buyers. At Adam Lee’s Jeep dealership, customers are seeing something they haven’t in years: lots of new cars. But while supply is returning, higher interest rates are hitting demand and sparking concerns that 2023 could be another turbulent year for the car industry. Photo Illustration: Adam Falk 0:00 Will 2023 be a boom or bust year for the car industry? 0:57 What rising car inventories could mean for the auto market 2:42 Why many vehicle prices aren’t exactly reasonable right now 4:25 What factors this year will affect car demand? 5:35 How 2023 could actually be a 'sweet-spot' year for the industry #Car #SupplyChain #WSJ

17Aug

By 10 Comments

Automobile

What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ

Rapidly rising interest rates have made monthly car payments more expensive for many buyers. At Adam Lee’s Jeep dealership, customers are seeing something they haven’t in years: lots of new cars. But while supply is returning, higher interest rates are hitting demand and sparking concerns that 2023 could be another turbulent year for the car industry. Photo Illustration: Adam Falk 0:00 Will 2023 be a boom or bust year for the car industry? 0:57 What rising car inventories could mean for the auto market 2:42 Why many vehicle prices aren’t exactly reasonable right now 4:25 What factors this year will affect car demand? 5:35 How 2023 could actually be a 'sweet-spot' year for the industry #Car #SupplyChain #WSJ

17Aug

By 10 Comments

Automobile

What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ

Rapidly rising interest rates have made monthly car payments more expensive for many buyers. At Adam Lee’s Jeep dealership, customers are seeing something they haven’t in years: lots of new cars. But while supply is returning, higher interest rates are hitting demand and sparking concerns that 2023 could be another turbulent year for the car industry. Photo Illustration: Adam Falk 0:00 Will 2023 be a boom or bust year for the car industry? 0:57 What rising car inventories could mean for the auto market 2:42 Why many vehicle prices aren’t exactly reasonable right now 4:25 What factors this year will affect car demand? 5:35 How 2023 could actually be a 'sweet-spot' year for the industry #Car #SupplyChain #WSJ

16Aug

By 10 Comments

Automobile

What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ

Rapidly rising interest rates have made monthly car payments more expensive for many buyers. At Adam Lee’s Jeep dealership, customers are seeing something they haven’t in years: lots of new cars. But while supply is returning, higher interest rates are hitting demand and sparking concerns that 2023 could be another turbulent year for the car industry. Photo Illustration: Adam Falk 0:00 Will 2023 be a boom or bust year for the car industry? 0:57 What rising car inventories could mean for the auto market 2:42 Why many vehicle prices aren’t exactly reasonable right now 4:25 What factors this year will affect car demand? 5:35 How 2023 could actually be a 'sweet-spot' year for the industry #Car #SupplyChain #WSJ

16Aug

By 10 Comments

Automobile

What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ

Rapidly rising interest rates have made monthly car payments more expensive for many buyers. At Adam Lee’s Jeep dealership, customers are seeing something they haven’t in years: lots of new cars. But while supply is returning, higher interest rates are hitting demand and sparking concerns that 2023 could be another turbulent year for the car industry. Photo Illustration: Adam Falk 0:00 Will 2023 be a boom or bust year for the car industry? 0:57 What rising car inventories could mean for the auto market 2:42 Why many vehicle prices aren’t exactly reasonable right now 4:25 What factors this year will affect car demand? 5:35 How 2023 could actually be a 'sweet-spot' year for the industry #Car #SupplyChain #WSJ