this post was submitted on 28 Nov 2023
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Car dealers say they can’t sell EVs, tell Biden to slow their rollout (arstechnica.com)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 3 points 1 year ago* (last edited 1 year ago) (1 children)

I wonder if new vehicle sales are down overall. If I had to replace my car today, I'd be looking for something second hand.

Edit: According to Cox Automotive Inc., September sales were actually up 13% from last year. Huh.

[–] [email protected] 5 points 1 year ago* (last edited 1 year ago)

September sales were actually up 13% from last year

Covid-19 shut down a lot of factories. Not just US car factories but also suppliers of small/cheap components (some of them worth less than one cent each) just couldn't be purchased in large volumes.

As far as I know the industry still hasn't fully recovered. 13% year over year growth isn't a 13% increase in demand, it's a 13% increase in the number of cars they're able to sell.