re: 50% of car dealerships and lawnmower stores to close maybe 70% nothing to sell? Sad!

quote:

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Companies like Toyota and Chevrolet are starting to realize you don't need 400 units on a lot to sell vehicles. Most new cars these days are bought before they hit the lot at high prices.

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That's actually how it used to be years ago. Dealers didn't keep massive inventories of new cars.

Not having to pay floorplan on 400 vehicles a month is a huge savings to them right now.

I'm pretty sure once production gets back to normal inventories will also get back to like they were however. Maybe not the same extent, but a decent inventory on the lots.