Translation: there’s concern that higher interest rates, recession fears, and too much inventory on dealership lots could make automakers reduce prices. That’s good for consumers, but it’ll hurt automakers and their shareholders. Previously, having too much inventory resulted in carmakers offering incentives which, in the long-term, can hurt vehicle values. And that’s not good for consumers.
For now, automakers are mainly focused on getting production levels back to normal, but even once that happens, more problems could arise.
With no foreseeable end to the permacrisis that has included global pandemic, war, and supply chain issues, 2023 could be tough.
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