Automotive industry recovers from supply chain issues as new car prices decline and affordability improves.

Automotive industry recovers from supply chain issues as new car prices decline and affordability improves, driven by increased vehicle inventory. Manufacturers and dealerships offer incentives and rebates to clear supply, resulting in a better buying environment for consumers. The market may not fully normalize for another year, but now is a good time for potential buyers to research vehicle models, shop around for the best deals, and negotiate with dealerships for better deals on both new and used cars.

July 07, 2024
18 Articles