Don't draw your conclusions just yet. Sales have plummeted in the last two quarters and believe it or not, consumers are driving a hard bargain. We need to see Q4 sales data before we speculate on where the market is heading.
The Flood causing the fall of used and new GPU pricing and glut of inventory <- debunked
Higher interest rates and recession causing the fall of used and new automotive and powersports pricing and glut of inventory <- debunked
"Chip Shortage" causing a reduction in production rate of new vehicles <- debunked
Corporate offices realizing if they throttle production to well back on the supply : demand curve while competition is no longer present <- PROFIT