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LotLinx Weekly News Vol. 183: Very Superstitious…Cars Are on the Rise

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FROM AUTOMOTIVE NEWS: Why Cars Are on Track to Have Their First U.S. Sales Gain Since 2013

Car sales are up 8.2% year-to-date thanks to the lingering inventory on dealers’ lots. Automakers like Toyota are being rewarded for maintaining sedan production despite their decline in popularity.

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FROM CAR AND DRIVER: Which New Vehicles Have the Most Inventory?

A recent report lists the new models with the highest inventory levels across the country. A wide mix of brands and builds bodes well for patiently waiting consumers.

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FROM THE WALL STREET JOURNAL: The Latest Slump in Car Sales Has Winners and Losers

Not all OEMs are experiencing the chip shortage equally. While many struggle to produce new models, those who are able to source materials are greatly benefiting from record-breaking vehicle prices.

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FROM BLOOMBERG: Chip Crisis Could Force Carmakers to Finally Kick Bad Habits

U.S. automakers are making between $3,000 and $10,000 more per unit than the global average, but will they be able to maintain this level of profit when the inventory shortage lets up?

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