Glut of Cars Incoming!

[Alex Snyder]

Sounds like GM plans to be shipping a lot more cars in Q3. The latest earnings call hinted at it. Guess they have the chip issue sorted.

When this thing comes around it could come around fast! Is your dealership ready to have more new cars than customers? And what if we are in an *official* recession at that point?

 

[ChrisR]

We started the month off like crazy, then hit a wall.

Subaru just retracted some annual marketing efforts for later in the year, due to inventory constraints.

Will be interesting to see how things actually go. This is the first time in MONTHS that we have had more than 1 new car on the lot, available, and not sold within hours of hitting the ground.