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submitted 6 months ago by dragontamer@lemmy.world to c/cars@lemmy.world

I didn't realize Baltimore was so important for the car market of the Midwest and East Coast. Apparently 800,000+ cars are delivered per year through the Port of Baltimore, but with the bridge collapse today it sounds like shipments could cause some car market issues for a swath of the country.

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[-] dragontamer@lemmy.world 1 points 5 months ago* (last edited 5 months ago)

https://www.coxautoinc.com/market-insights/new-vehicle-inventory-january-2024/

Toyota in Feb 2024 had only 36-days-of-supply. But multiple car companies had so much supply that it bleeds off of the graph (over 160 days of supply for Lincoln, Chrysler, and Dodge).

Japanese cars (or at least: Toyota, Honda, Lexus, and Mazda) are still selling like hotcakes. But American Luxury cars are doing very poorly right now.

this post was submitted on 27 Mar 2024
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