The Biggest Car Market Collapse of Our Lifetime Has Begun & Auto Prices Are Set to Plummet 88 Percent! - Atlantis Report

The automobile industry is currently experiencing a significant downturn, projected to be the most substantial in recent memory. The impact of a pandemic has brought about significant challenges, including disruptions in the supply chain that have limited production. Simultaneously, economic stimulus measures have fueled demand for both new and pre-owned vehicles. As a result, used car prices have soared due to the pandemic, prompting many consumers to invest in new vehicles. In this video, we will delve into the reasons behind this crisis, its impact on manufacturers and consumers, and what the future holds. So, let’s get started.
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Bullshit. The Auto industry has simply done it to themselves. We have known this was coming for months. When they gouge up the price 30% on used cars for absolutely nothing, and when they tack on a $40,000 “market adjustment” just so they’re fat ass CEOs could still get their bonus, they have committed business suicide. Well fuck them. We all knew what was going to happen here and I will take great pleasure watching all these car companies die. During the pandemic, when America needed them the most what did they do? They turned around and screwed everybody that was trying to buy a car new or used. I hope they drown in their misery.
How do prices collapse on a product that was never created or delivered to lots?