Cox Automotive Chief Economist Jonathan Smoke joins CarDealershipGuy Podcast to discuss the state of auto lending and what’s to come, how interest rates are impacting the car industry, the No. 1 issue for car shoppers right now, the best and worst car deals on the market, what a UAW strike could mean for the auto industry, winners and losers in the EV space and will used-car prices go back to normal anytime soon.
00:00 – Intro
02:00 – DJ Smokey Smoke returns
05:55 – The general state of the market
15:25 – Interest rates and how they affect the industry
18:03 – Supply & demand, inventory issues, price improvements
26:55 – Winners & losers in the EV space
34:00 – Used car market update
38:30 – Will UAW strike?
48:00 – Best deals for consumers right now
52:25 – The state of auto lending
1:03:10 – Wrapping up
Listen on another platform:
X (Twitter): https://x.com/GuyDealership/status/1702659237443219876?s=20
Spotify: https://open.spotify.com/episode/2rSdM5JZ8hTbF99CNA9o9Q?si=8kai4_eoT9qNNuvZVHXelg
