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Podcast: What’s next for the auto market?

December 18, 2023

Nationwide’s Senior Economist Ben Ayers and Economist Daniel Vielhaber discuss the current and future outlook for the auto market.

  • How did the UAW strike impact auto production?
  • Has inventory caught up from the pandemic-related shutdowns?
  • How are auto makers dealing with the slowing demand for electric vehicles?
  • What’s the outlook for auto sales in 2024, especially with a potential recession?

Listen now:

 

 

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Citations/Disclaimers

  • The information in this report is provided by Nationwide Economics and is general in nature and not intended as investment or economic advice, or a recommendation to buy or sell any security or adopt any investment strategy. Additionally, it does not take into account any specific investment objectives, tax and financial condition or particular needs of any specific person.

    The economic and market forecasts reflect our opinion as of the date of this report and are subject to change without notice. These forecasts show a broad range of possible outcomes. Because they are subject to high levels of uncertainty, they will not reflect actual performance. We obtained certain information from sources deemed reliable, but we do not guarantee its accuracy, completeness or fairness. Nationwide, the Nationwide N and Eagle, and Nationwide is on your side are service marks of Nationwide Mutual Insurance Company. © 2023 Nationwide