THE CAR MARKET HAS HIT A NEW LOW: FIRST HALF 2022 SALES BREAKDOWN

EV Channels Review

This video provides a comprehensive breakdown of the automotive market's first half of 2022, highlighting significant inventory shortages and extended wait times for new vehicles. The presenter emphasizes the dire state of the market, with daily inventory supplies dropping drastically. While the overall market is bleak, the review notes that Asian automakers, particularly Japanese and Korean brands, are experiencing high demand and low inventory. Specific models like the Honda HR-V are mentioned as performing well despite broader industry struggles, though the ability to produce them is questioned due to Honda's overall production challenges. The video also touches on the debate around Tesla's luxury status and the struggles of legacy brands like Honda and Nissan in meeting demand.