The ZeroSum Round Up is a collection of articles, reports, and other information that ZeroSum believes is useful to automotive dealers and others working in the industry.
This November, a lot has happened in the automotive industry, including new vehicle inventory reaching the its highest level since mid 2021. Here is some of the most important news from this month that auto dealers should read.
EV manufacturers continue to suffer from excessive production costs
Numerous EV startups are citing inflation and the global supply chain crisis as reasons for failing to meet delivery goals and facing huge losses in revenue.
Kristin Dziczek of the Chicago Fed warns that chip shortages could persist through 2024, stating that"the auto sector will face continued price and allocation pressures due to chip demand from other industries."