One other thing to consider: interest rates are almost double what they’ve been for the last decade, and manufacturers were pushing huge luxury trucks and SUVs

One other thing to consider: interest rates are almost double what they’ve been for the last decade, and manufacturers were pushing huge luxury trucks and SUVs and other highly-profitable models during the pandemic. I think some of the inventory stacking up across the industry is as simple as having built what sold a couple of years ago rather than what fits the market now. https://www.statista.com/statistics/290673/auto-loan-rates-usa/ https://www.statista.com/statistics/290673/auto-loan-rates-u...