Used Car Market Dynamics

Auto dealerships, including industry giant Toyota, face a crisis of unsold cars as manufacturers flood them with inventory post-strikes. Stellantis struggles with rising interest payments on stagnant vehicles. The market cools, prompting hefty discounts, even on high-end models.

The used car market shifts, reflecting changing consumer preferences. Dealers and manufacturers grapple with the challenges of oversupply and must adapt to navigate an unexpected downturn in the automotive industry. #fyp #oversupply

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