LINCOLNTON, N.C. – Mitch Abernethy's family has owned Abernethy Chevrolet in Lincolnton for three generations. So he knows a thing or two about the ebb and flow of car-buying season.
Abernethy says that despite the pandemic, demand for cars is up. Since late summer, drivers have wanted to trade in their car for a new model.
The problem has been filling that need.
Back in mid-March, auto manufacturers, including GM, Honda, and Toyota, came to a near-standstill in production from the pandemic. Although the industry is trying to get to full speed, Abernethy's inventory on certain models is slim to none.
"Normally, a model we have 100 of on the lot, we're now down to 30 to 50. And models we have usually have 20 to 30 in stock, we're down to none at all," says owner Mitch Abernethy.
His used car inventory is also low.
"That's because normally, people trade in their car for a newer model, but since our inventory is low, fewer are trading in their used cars," says Abernethy.
He hopes the auto industry is able to soon run full-speed, and hopes to have a normal inventory on his lot during the first quarter of 2021.
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October 28, 2020 at 09:37AM
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