14min chapter

Car Dealership Guy Podcast cover image

#103 CDG Market Update: Are inventory levels back to the “new-normal”, Record levels of negative equity, VW drops a $5 Billion bombshell | Jessica Caldwell, Head of Insights at Edmunds

Car Dealership Guy Podcast

CHAPTER

Automotive Industry Trends and Consumer Financial Health

This chapter explores the trends in market share within the automotive industry, with a focus on the increasing popularity of SUVs and the impact on consumer financial health. It delves into factors such as high interest rates, rising car prices, and the challenges posed by negative equity, impacting consumers' purchasing decisions. The conversation also covers the trends in loan terms, incentives, and the rising levels of negative equity, particularly in electric vehicles, posing financial challenges for customers.

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