For the automotive industry, the first few years of the 2020s were a time of unprecedented chaos. With a chip shortage, skyrocketing used car prices, and the shaky implementation of the Inflation Reduction Act's electric vehicle tax credits, uncertainty ruled over the automotive sector. Today, those levels of uncertainty appear to be dropping, but a sense of pre-2020 normalcy hasn’t quite arrived. In 2024, most of the markups and crazy used prices are a thing of the past, but some weirdness still lingers.
