Palladium Plummets To New Lows
We’ve spoken extensively about the car industry over the last eighteen months. Many key factors impact the industry, including worker strikes and low inventories. However, they’ve essentially resulted in about two core themes. 👇
The first is that the demand side of the market is being impacted by higher financing costs and record prices, crushing affordability. While on the supply side, low used vehicle inventories and a slow ramping up of new vehicle production have caused dealers to struggle.