AFSCME 3357-HOF'S BLOG

3.5 Million Unsold Cars

The auto industry has an inventory of 3.5 million unsold cars. This is much higher than normal. Even though some models are already sporting $5000 rebates, we can expect some serious discounts on end of model year specials, and those sales may come early. (Of course, used car values will probably drop in lock-step.)


3.5 MILLION UNSOLD VEHICLES: Automakers have a big glut: "

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