Reminds me of a post a couple months back: there was someone working for a medical equipment supply company who said something similar that the owners were suddenly in no hurry to ramp up production like they didn't expect to actually need to fulfill the current demand anymore later in the year.
Did they finally notice that people gave up buying new cars every year? As they were pushed to do in the 1950s. Vance Packard noticed this and called it "planned obsolescence."
I'm thinking that the executives know that an economic crash is about to be foisted on us and they don't want to be stuck with the inventory.
Reminds me of a post a couple months back: there was someone working for a medical equipment supply company who said something similar that the owners were suddenly in no hurry to ramp up production like they didn't expect to actually need to fulfill the current demand anymore later in the year.
Did they finally notice that people gave up buying new cars every year? As they were pushed to do in the 1950s. Vance Packard noticed this and called it "planned obsolescence."
"Hidden Persuaders" is a great read. I read it back in the 80s and I wish I still had my paperback copy.
Could it be that they sold so many cars during Covid that they’re not forecasting much demand for next year?