Pandemic period auto manufacturing pullbacks have actually left an opening in the used cars and truck market that completes about 7.5 to 8 million cars, according to quotes from Cox Automotive. Rewards still are below pre-pandemic levels, and leasing prices are still low– particularly for some preferred vehicle kinds. That era likewise altered automaker behavior in methods that will remain to maintain costs high and supply low for all consumers– even those purchasing the most affordable made use of cars and trucks.
Created by: Robert Ferris
Editing And Enhancing: Natalie Rice and Darren Geeter
Camera: Ryan Baker
Animators: Jason Reginato, Emily Park
Senior Managing Producer: Tala Hadavi
Extra Footage: Getty Images
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Just how A ‘Disciplined’ Auto Industry Squeezed Consumers