It’s been a turbulent four years for the US auto industry, from the COVID-19 pandemic to inventory fluctuations and supply chain disruptions.
But unfortunately for some of the industry’s most important stakeholders, the turbulence isn’t over yet. Automakers and their captive financing groups are facing intensified competition and difficulty attracting customers, due to several converging trends. These range from a recent surge in vehicle inventory and affordability concerns to fluctuating incentives and evolving consumer behaviors.
In this Fuel for Thought podcast episode, our host Guido Vildozo speaks with the experts to break down how these trends are playing out in 2024, and what they mean for OEMs and captive lenders.
Moderator:
- Guido Vildozo, Senior Manager, Consulting, S&P Global Mobility
Speakers:
- Tom Libby, Associate Director, Industry Analysis and Loyalty Solutions, S&P Global Mobility
- Matt Trommer, Product Management Associate Director, S&P Global Mobility
- Michelle Yeung, Director, National OEM Sales, S&P Global Mobility
To read the Fuel for Thought article, click here.