For Gaston Mauvezin, specialist in the automotive market and Senior Director of Management at B. Riley Advisory Services, the price of cars in the United States continues to rise because there is a very strong demand, as Americans are buying more cars at this stage of growth. the covid-19 pandemic.
The factors that play a role for the price increase are several, among them that the manufacturers do not have enough cars to satisfy this demand.
Learn about other factors that combine behind this fact.
