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4min chapter
CPI, Cars, and Credit Conditions
Moody's Talks - Inside Economics
The Importance of Supply Constrained New Vehicle Prices
The current new vehicle inventory is less than half of what it was in 2019. But we've come a long way from the tightest supply conditions, which were a year ago. We see Asia and especially Japan furthest behind in terms of being able to catch up. North America is closest to being fully back. And if it weren't for labor, would be completely back.
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