GM Shut Down of plant in Fort Wayne, IN
GM shutting down their plant in Fort Wayne for two weeks in order to "maintain optimal inventory levels". In other words, dealers and OEMs learned that folks are willing to pay way more for cars than they were pre-virus. Lower inventory levels and higher prices are potentially here to stay, unless the consumer can show restraint and refuse to pay higher prices.
GM shutting down their plant in Fort Wayne for two weeks in order to "maintain optimal inventory levels". In other words, dealers and OEMs learned that folks are willing to pay way more for cars than they were pre-virus. Lower inventory levels and higher prices are potentially here to stay, unless the consumer can show restraint and refuse to pay higher prices.