You got it, but also add: likely dealer bankruptcies because the overhead is absolutely bonkers (and is often required by brands to set up a dealership; every brand wants a bunch of air-conditioned space to show off their new models!).

This is also why you should never take your car to the dealer service center if possible. They try to rip you off so hard (and underpay their service techs) because they truly don't make that much money off each car (at least before the covid boom season, but as we see that is reverting HARD).