Many Car Dealers Are Almost Out Of Vehicles To Sell

Many Car Dealers Are Almost Out Of Vehicles To Sell

Every car factory in America shut down for several weeks earlier this year as automakers scrambled to get them running safely amid the pandemic (and despite aggressive new safety measures, the results have still been fairly mixed at many plants.) Even now, those factories—including ones outside the U.S.—aren't quite back to running at full speed. 

That lack of output is catching up to America's car dealers.
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mre30mre30 - 7/7/2020 1:37:19 PM
-1 Boost
Crazy -

When all the Alfa Romeo's, Fiat 500L's, Ghiblis and Levantes are gone, that would be a sign there is NO inventory left!

This is really a supply chain problem versus a "car plant" problem. If there is a key part in the supply chain missing, then production will grind to a halt, whether or not the car plant can open/operate.

There are going to be trickle-down supply chain impacts throughout the whole economy.


MDarringerMDarringer - 7/7/2020 3:44:24 PM
+1 Boost
The Ghiblis and Levantes would be worth leasing because they are more reliable than the Fiat/Alfa trash, but that's a relative statement.

I'd actually be OK with a Ghibli.

"My" Explorer got CPO sold so I have to pick another car, but there are very few cars really to pick from. The problem is that I "sold down" my personal cars because I could make money so I actually don't have a personal car at this point. I'll be driving gas hogs (X7/Escalade) for the near future.

Meanwhile, people are willing to place orders with money down.


mre30mre30 - 7/7/2020 4:24:26 PM
+2 Boost
...thanks for the perspective.

Sorry to say, that despite high unemployment, I think there will be inflation on the horizon for the first time since the Carter/Reagan years.

This is only the tip of the iceberg...fasten your seat-belts for what might be a very bumpy ride.


MDarringerMDarringer - 7/7/2020 5:31:31 PM
+1 Boost
When, whenever the Democrats don't get their way they throw tantrums and destroy life for everyone and try to blame the Republicans. Newsom is finding that this strategy is backfiring on him.


ricks0mericks0me - 7/7/2020 4:26:52 PM
+1 Boost
mre30 said: When all the Alfa Romeo's, Fiat 500L's, Ghiblis and Levantes are gone, that would be a sign there is NO inventory left!

That statement blew my doors off!!! LOL


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