down over 5% y-o-y
other economic indicators look very good, but cars and housing do not look so good.
I could be wrong, but I don't think new car sales are down that much across the board. Car and Truck prices are extremely high anyway. Some of the tech in cars today is unnecessary. I have a base 328i and I could do away with half of the electronic stuff on the car and still be happy. Things I never use or don't work like they are supposed to. Some gimmicky stuff that I'm sure is very impressive on a demo, but totally unnecessary. Headlights that move? An apparatus to push your seat belt to you? Sensors to tell you have a bulb out? Sensor to tell you that your brake pads need replaced? etc etc.
I was watching a youtube video of a couple guys rebuilding a 2018 mildly wrecked Camaro ZL1. It has a sensor on the front suspension that gives feedback to the headlights that keep the lights even with the horizon. Ridiculous.