“You can’t have rising inflation and rising interest rates and rising car prices indefinitely. One of these is going to snap,” says iSeeCars’ Karl Brauer.
Ford says its EV certification process will help dealers gear up for the electrified future, but the plan is getting pushback as a potential violation of franchise laws.
The majority of car dealers believe their profitability will continue into the new year. Still, rising vehicle prices, staffing shortages and the ongoing lack of saleable cars raise concerns.