📈🙌📦 US auto sales are slated to rise for a second straight quarter due in large part to OEMs shipping more vehicles to dealerships on time (hallelujah!).
🔧🏭🚚 Thankfully, post-pandemic supply chain snafus are beginning to ease up, thus allowing for faster vehicle production and delivery. However, analysts warn that rising interest rates and plateauing demand may be the next big disrupter to the industry.
🛻🚙🛻 According to J.D. Power, trucks and crossover SUVs accounted for the majority of new car sales in Q1.