Millions of missing cars keep

Short summary

Pandemic production cuts left 7.5–8M vehicles missing from the used car market. Automakers restructured operations to maintain low supply and high prices. This shift in industry behavior will sustain elevated prices long-term.

• •Pandemic era auto production gaps created 7.5–8M vehicle shortage
• •Automakers deliberately maintain low supply and pricing power
• •Supply constraints will persist despite economic normalization

Generated with AI, which can make mistakes.