Every conversation that starts around high dealer profits inevitably drifts into reminders that the hot market will cool. The war in Ukraine has postponed forecasted supply chain relief a bit longer, leading to the number of vehicles in inventory dropping below 900,000.
Give it to us straight, doc? Projections show US retail sales dropping 27.8% in March year over year. New-vehicle sales could tumble by 5.1 million units compared to 2021.