Wholesale shock looms: Peering into the 2028 market

Used-vehicle values are expected to remain elevated amid new-vehicle supply constraints

Inventory constraints in the new-vehicle market are poised to ripple across the wholesale market in the next few years, likely keeping used-car prices elevated through 2027, though a looming recession and the uncertain return of vehicle supply present a range of long-term scenarios.  New-unit factory output may not reach normal capacity until 2025, Jonathan Smoke, […]

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