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Podcast: IEN Radio
Episode: Listen: Ultra-Luxury Automakers Post Record Sales
Description: This past year could be charitably described as “mixed” for the automotive industry.After what turned out to be a relatively brief blip due to the outbreak of COVID-19 the previous year, consumer demand returned with a vengeance in 2021.But although factories were back up and running, another virus-related hiccup — a shortage of semiconductors — forced most of the world’s top automakers to cut production.All told, vehicle sales increased last year, but still remained shy of their pre-pandemic numbers.One very niche subset of the market, however, came out of 2021 stronger t...