Return to the mean?
Automotive dealers started marking up autos above MSRP in March 2021. Automakers, jealous of their dealers, followed with the MSRP increases, taking advantage of buzzwords like inflation, chip shortage, supply chain shortages, etc. The return to the mean will be interesting, if there is one.
Note
Hey automotive industry! Do you feel lucky? Well, do ya?Trade active
Observe, Adapt, Change, & Survive. Or not.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.