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Luxury Car Sales Surge Amid Global Supply Chain Disruptions And Surging Inflation

Luxury car sales surged in 2021 while mainstream car companies struggled amid global supply chain disruptions and soaring inflation, The Wall Street Journal reported. Luxury car brands, including Rolls-Royce, Bentley, Porsche and BMW, all reported record sales in 2021, the WSJ reported. Reduced international travel reportedly encouraged high-end car users to boost their vehicle purchases. Meanwhile,…

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Supply chain snarls clog U.S. online holiday sales growth – report

(Reuters) – U.S. consumer spending on online shopping during the holiday season was weaker than expected, Adobe Analytics data showed, as supply chain issues caused product shortages and delayed deliveries. Consumers spent a record $204.5 billion online over the 2021…

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