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At the height of the previous supplychain crisis, Ford leased a dedicated vessel to expedite the shipment of these in-demand models. At this stage there is no impact on deliveries of Fords most popular models, the top-selling Ranger and Everest , because they are handled by another stevedore company.
Certified pre-owned cars will also see a reduction in supply as fewer lessees turn in vehicles to dealers. A combination of these factors has meant that the usual lessee course has been broken—something that dealers have used as a predictable three-year cycle for sales, with the biggest impact expected in 2025. .
According to S&P Global , half of households who originally purchased their garaged vehicle acquired the same brand when they returned to market, versus 63% of lessees. make loyalty, respectively). In its October 2022 US Economics update, S&P Global Market Intelligence revised its projection of GDP growth in 2023 from 0.9%
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