Increasing vehicle production may not be enough to satisfy demand

Waze FreightTech25

Much like the freight industry, the past couple of years have been a roller coaster for the automotive industry. Surging demand, parts shortages and shifting consumer buying patterns — all influenced by the coronavirus pandemic — have turned the industry on its head. Shortages are beginning to let up, pointing to a looming surge in new vehicle production. Still, the instability is expected to continue even after long-awaited new vehicles begin to hit lots later this year.

Purchasing a new car...

https://www.freightwaves.com/news/increasing-vehicle-production-may-not-be-enough-to-satisfy-demand

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon