Toyota's New RAV4: So Popular Dealers Can't Keep Up

Toyota is facing a rare problem: overwhelming demand for its new RAV4 combined with limited inventory has left dealers with only a few days' supply. Customers are being told they may have to wait weeks or even months for their vehicle. This video examines the reasons behind the RAV4's popularity, from its redesign to market trends, and how Toyota is managing the situation. The segment also looks at the broader automotive landscape, including supply chain challenges and consumer preferences. It offers insights into what this means for Toyota and its competitors. Find the full report in the related video, and for more business news, visit Bloomberg.com.