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#9 Why we still have vehicle shortages, new and used car price predictions, when we’ll get back to normal & that time CDG bought 50 Chevys at auction | Jonathan Smoke, Chief Economist, Cox Automotive
Car Dealership Guy Podcast
How Dealers Are Responding to a Limited Market
Dealers are reducing overall levels of inventory and they're turning inventory far more rapidly. We're seeing turns that are probably meaning that most dealers are focused on 30 days or less for their typical turn on inventory. And so as a result, as the market sees periods of strength like we had at the very beginning of the year or when the market starts to see slowing downlike we've been experiencing over roughly the last six weeks,. Are you seeing anything else? Do you have like any other ways dealers are responding to just a lack of inventory in the market? I think looking for ways to be as productive and as efficient as possible is considering services and area that...Are you talking about the service
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