US Auto Sales Fell To Lowest Level In Decade
View Source | January 4, 2023 7:46 pm
- The result of the slowing sales also mean inventory is up and price are expected to drop slightly.
- Automakers reported Wednesday that they sold 13.9 million cars, trucks, SUVs and vans last year because of the parts shortage – resulting in the lowest sales number since 2011 when the economy was recovering from the Great Recession.
- Sales were, however, up slightly in the fourth quarter of last year as supply chain problems eased.
Continue to Article
Share This Article: