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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
The Supply and Demand of Domestic and Asian Brands
There's a supply component to what you're describing and a demand component with those two brands specifically called out. Historically, Toyota has been close to the bot. They are used to working in a low environment, but it's abnormally low now. And a lot of that has to do with really bad luck that it that impacted Toyota and some of their counterparts in Asia more than it did the North American brands.
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