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That would just be a demand shift. The bigger risk is whether people who might have otherwise bought a new car keep their current car because of recession and
by danans 2y ago
That would just be a demand shift. The bigger risk is whether people who might have otherwise bought a new car keep their current car because of recession and stagflation fears.
- BLKNSLVR 2y agoYes, what I didn't say clearly enough was: will the 5% uptick in Q1 be followed by a much more than 5% downtrend for Q2 onwards. We can but wait.
- fzzzy 2y agoPlus the uptick will make the downtick numbers look even worse
- recursivecaveat 2y agoIn economics they call them "durable goods". The demand is usually extra reactive to price changes because you can choose when to replace it in a wide band of time.