New Vehicle Sales in June 2022 Plunged 25% from June 2019, Back to 1970s Levels, on Inventory Shortages

by Wolf Richter, Wolf Street: Pent-up demand in time for the recession when supply might finally rise enough? This messed-up economy will continue to dish up surprises. Automakers have now reported their June new vehicle sales, or their Q2 new vehicle sales, for the US, except Tesla, which doesn’t report US sales but only global […]