“Demand is still strong in the marketplace and we could be seeing sales in the 17 million unit range (for 2022). So most likely if vehicle production picks up we’ll see recovery in sales before recovery in inventory.”
Although there were inventory gains in December, inventory acquisition remains top of mind for dealers looking for new ways to stock their lots and meet strong consumer demand. Kevin Roberts, CarGurus Director of Industry Insights & Analytics, recently spoke with CNBC and Forbes on the topic, sharing insight into what dealers can expect in the future. Check out the articles below:
Market sell-off hits used car sellers, but there may be a silver lining
Auto Production Wild Card For 2022 As Dealer Lots Remain Sparse
Topics: CarGurus news, inventory