‘Now is the closest to a buyer’s market we’ve seen in years’ – AutoTrader Four years after a global pandemic and lockdowns drove the automotive industry into a brick wall, with major supply chain kinks and withered car lot inventories, things are back to normal, in terms of inventory, according to AutoTrader. New vehicle inventories in Canada on AutoTrader’s marketplace hit a record high of 168,000 vehicles in February – a 78 per cent year-over- year increase. Used vehicle inventory is also up, with 202,521 used vehicles on the market in February. “Dealership lots are currently packed with used vehicle inventory, as the influx of new vehicle availability is contributing to higher volumes o
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