When Too Many Cars Become a Problem
Across the U.S., car dealerships are facing a new kind of headache: too many vehicles sitting unsold. After years of supply shortages, the pendulum has swung the other way, leaving lots crowded with new and used cars that aren’t...
Across the U.S., car dealerships are facing a new kind of headache: too many vehicles sitting unsold. After years of supply shortages, the pendulum has swung the other way, leaving lots crowded with new and used cars that aren’t moving fast enough. That oversupply, often called bloated inventory, is squeezing dealer profits and forcing some to slash prices or offer steep incentives just to stay afloat. For buyers, though, it’s a rare window of opportunity. The same market pressures...