Car Shortage: What Dealers are Doing
September 1st, 2009
Inventories of the most popular car models being sold under the Cash for Clunkers government incentive program are running low as the end of the program just passed in the last couple of days
Toyota says they’re having trouble keeping such models as the Camry, in stock even as the U.S. Congress authorized $2 billion to extend the program, The Detroit News reported Saturday.
Many dealerships sold out weeks ago, and were having a hard time keeping cars on their lot. At Toyota, meanwhile, a spokesman told the News production boosts were being planned and are hoping to start very soon.
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