New-Vehicle Sales Soar in December
J.D. Power and GlobalData forecasts 13.2% year-over-year growth.
J.D. Power and GlobalData forecasts 13.2% year-over-year growth.
Incentive spending and discounts needed for some vehicles, they say.
The U.S. auto industry has no shortage of buyers currently, but it lacks the inventory to satisfy them.
J.D. Power reports metrically measured customer satisfaction with their automotive purchases remains at 789 points (on a 1,000-point scale), the same as in 2020.
Automakers reported impressive monthly results, showing increases that ranged from 40% to 70% compared to unit sales during the pandemic.
The SQIL strategy focuses on building up supplier capabilities versus finding new sourcing, punitive fines, and enhanced surveillance when suppliers don’t deliver.
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