The automotive industry found ways to handle the supply issues of 2022, but this year's demand issues, caused by signs of recession, high interest rates and inflation, are harder to overcome.
The automotive industry found ways to handle the supply issues of 2022, but this year's demand issues, caused by signs of recession, high interest rates and inflation, are harder to overcome.
U.S. light-vehicle sales are projected to rise 4.6% to 15% in April, forecasters say, as consumers lock in prices poised to rise in coming months as tariffs take a toll on supply and selection.