by Tyler Durden
The major automakers look to finally be back.
And this time around, they re selling EVs, too. The only explanation that I can even muster is that cars are 2021’s version of toilet paper in 2020, said Chad Wilson, general manager of Wilson Ford in Saginaw and Midland Ford. We are taking a lot of retail orders because we don t have anything (in stock). Normally between our two stores, we d have 150-180 F-series in stock. I think right now there might be 10. I do think there’s an element of fear of missing out.
GM said its U.S. retail deliveries were up 19% in Q1, the company s first number reported against pandemic-impacted comps. The automaker sold 642,250 vehicles in the U.S. in the first quarter of 2021, according to Bloomberg. While retail sales were up 19%, fleet sales were down 35%
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Ford dealer: Cars the new toilet paper panic
By Phoebe Wall Howard - Detroit Free Press
A Ford logo on a 2017 Ford Focus. Ford dealers say new car sales spiked in the first quarter of 2021.
DETROIT – Despite only a slight increase in overall sales so far this year, it’s a new day in paradise, some Ford Motor Co. dealers said Thursday.
Business for them has seen a dramatic turnaround from the first three months a year ago, when the coronavirus pandemic shut down cities and dealerships across America. Now, with safety protocols in place and used car prices up, new car sales spiked in the first quarter of 2021.