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re: Car Dealerships have a 1 year backlog of electric vehicles.

Posted on 2/7/24 at 9:13 am to
Posted by jp4lsu
Member since Sep 2016
5087 posts
Posted on 2/7/24 at 9:13 am to
I read this week though that sales of EV's rose in the 4th qtr. So I do think they are selling them but just not at the rate they anticipated.

But I also think dealers have a lot of cars not moving on the lots. A year ago, lots were empty, especially the truck lots. Now they are filled up. This is why the financing deals are coming back.
Cars increasing in price by 30% the last 2 years is a big issue as well.
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