More cars are available, but record prices and rising interest rates will challenge customers.
Dealers worry that continued increases will cut demand, raise stocking costs.
Report suggests middle-class norm becoming harder to achieve.
Dealers report elevated prices, a lack of affordable vehicle models, and higher interest rates are pricing many consumers out of new cars.
Interest rates will continue climb, eating into inventory improvements’ effect.
Report shows used models in particular to fall as new-car inventory improves.
The move will affect 1,350 employees who will be indefinitely laid off at the Belvidere, Illinois, plant.
Most reporting carmakers have supply days in the double digits.
CDK Global offering polls U.S. customers on car availability and more.
Subaru profit jumped 25% in the latest quarter as the automaker recovered production, ramped up sales and cashed in on favorable exchanges rates.
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