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The inability to input and produce parts generated fewer overall products for 2022. This was reflected in about 13.9 million new cars and trucks as the year ended.
In 2023, ongoing supply growth coupled with weaker demand growth will ease tight markets and see some relief in the price pressures that forced energy prices higher.
The 2022 AD eCommerce & Marketing Summit brought together digital and marketing leaders from AD owner/members, supplier partners, and eCommerce partners, Dec. 5-7.