Auto Industry Expected to Post Worst U.S. Sales Year in More Than Decade

WSJ toured Rivian’s and Ford’s electric-vehicle factories to see how they are pushing to meet demand. Illustration: Adam Falk/The Wall Street JournalThe U.S.

auto industry is expected to report a decline in overall sales for 2022, a year that was challenging for car companies and buyers alike asOn Wednesday, General Motors Co. , Toyota Motor Corp. and other auto makers are scheduled to release their year-end sales results, in the midst of growing concern over an economic slowdown that could further damp demand for cars and trucks and put pressure on profits this year. Ford Motor Co. plans to report its 2022 sales on Thursday.

Shocker? Used car dealers gouging customers for 2+ years. New car dealers wanting to charge subscriptions for heated seats. Gov want's to outlaw gas/ diesel engines. Electric cars blowing up. Consumers are holding onto their cars longer because of capital and political greed.

That is Biden & radical left Puppet masters killing American economy for special interest groupsv

What about all the unsold, new cars that get to sit & rot in huge parking lots in the middle of no where..?

Dealerships deserve the worst after the greed they showed with prices above MSRP. Even after supply went up, their prices didn’t budge. Let the free market destroy them.

Local Honda dealership has about 20 new cars,all are loaded with options.Ridgeline for 51k,hard pass

Seems to me they recycle this article every year. More of a justification for raising prices vehicles. There are no shortages at the dealership I pass on my way to work everyday. Even the commercials on TV: 'plenty of cars, high as possible deal for your trade come in today!'

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How about a recession that occurred in the first and second quarter. Oh ya. You didn't report that. Remember the 2 consecutive quarters of negative GDP growth is by definition a recession. We had that!

Lower your goddamn prices….fucking thieves

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