Ep#61 Dealership inventory crisis: What's causing the surplus?

The auto industry thrives on momentum, but what happens when dealerships are stuck with unsold cars? As it has happened in the recent months. Excess inventory can choke cash flow, force heavy discounts, and disrupt the entire supply chain. In this episode, we take a closer look at why inventory levels at dealerships have soared, and the challenges this creates. Joining us are Naveen Phillip, MD at Popular Vehicles And Services Ltd, a pioneer in the automobile dealership and service industry, and Ravindra Patki, Senior Partner at Vector Consulting Group. They share expert insights on why forecasting often fails, and how customer demand patterns influence stock levels. Listen in to find out what happening in the industry!