Part 1/7:
The Growing Crisis in the U.S. Auto Industry
The automotive landscape in the United States is facing unprecedented challenges as new car inventories have reached record highs, with approximately 3.2 million vehicles sitting idle nationwide. This alarming figure signifies that many dealerships are grappling with costly overheads while holding onto vehicles that fail to sell. The implication of this trend extends beyond just the economic burden on dealerships; it raises serious concerns about the viability of several car brands.