Car Prices Expected to Rise After Baltimore Bridge Collapse

The interface of Baltimore’s decline has the ability to have a ripple effect on the car industry, leading to inventory shortages and price increases. The event is anticipated to have a negative impact on the economy as well.
The auto industry will experience a major disruption similar to that experienced during the pandemic, but on a smaller scale, according to Michel Leonard, general scholar and data scientist at the Insurance Information Institute.
There will be a price increase for fresh vehicles, according to his forecast.
” Customers will encounter that within a few weeks”, he told The Epoch Times….

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