Moreover, the strike might only affect a relatively small number of vehicles when compared to the auto market as a whole. Car shoppers hardly saw similar end-of-summer sales last year either because of a chip shortage that reduced production levels, added Caldwell. "It is absolutely a great time to look into the EV market, both for new and pre-owned," he said. Additionally, recurring price cuts from Tesla this year might also soften prices in the EV market as a whole, added Caldwell. Shopping tips for a low-inventory car market

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Persons: Adam Gault, Jessica Caldwell, Edmunds, Gen Z, We're, They're, Caldwell, Tom McParland, There's, Kelley, EVs Organizations: Finance, Workers, United Auto Workers, Automatch Consulting, EV Locations: Edmunds