UAW strike leading to car parts shortage
Car dealers across Dallas-Fort Worth are feeling the impact of the United Auto Workers strike as they deal with a parts shortage.
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Car dealers across Dallas-Fort Worth are feeling the impact of the United Auto Workers strike as they deal with a parts shortage.
Car dealers across Dallas-Fort Worth are feeling the impact of the United Auto Workers strike as they deal with a parts shortage.
U.S. car buyers are headed to showrooms out of sheer necessity, defying high interest rates and fat sticker prices to replace cars that on average have been on the road for more than 12 years.
New-car sales are up about 15% this year, with pent-up demand fueling sales. The strike has yet to put a crimp in supply or demand for new cars, but industry executives and dealers are growing wary.
A deteriorating market for used vehicles — which sent CarMax Inc. shares tumbling Thursday — suggests trouble ahead for automakers.