Consumer demand for durable goods has taken a nosedive in recent months, and overall spending is down as people grapple with the possibility of a recession. Naturally, most sectors, especially retail, are experiencing weakened demand and falling volumes.
This is not the case, however, for the automotive industry.
“Motor vehicles enable the consumer to leave the house, something they have not been able to do as much of over the past two years,” FreightWaves Market Analyst Zach Strickland recently...
https://www.freightwaves.com/news/auto-industry-finds-just-in-time-success-via-next-gen-visibility