While dealers entered the year on a high note as the automotive retail industry began to recover, few dealers were prepared to overcome the inventory crisis in 2021. Though some brands have undoubtedly fared better than others, no OEM is fully immune from the effects. As of Q3, IHS Markit compiled data from more than 300 plant-specific outages across 63 carmakers when compiling the forecasts.
While some relief is likely in store for 2022, it’s critical dealers remain nimble and continue looking ahead to achieve sustainable success. Get up to speed with this free fact sheet.
