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Categories: Fixed Ops, Industry, Showroom
Correcting the Chip Shortage Will Take Time

As the automotive industry spins its wheels waiting for chips, analysts say the road to correcting the chip shortage won’t clear until at least 2022.

https://www.fi-magazine.com/366252/correcting-the-chip-shortage-will-take-time
Categories: Compliance, Dealer Ops, Industry
Auto Sector Calls Out Mexico's Move to Legalize “Chocolate” Cars

Mexico’s auto sector has criticized the move, saying it allows "car smuggling."

https://www.fi-magazine.com/366241/auto-sector-calls-out-mexicos-move-to-legalize-chocolate-cars
Categories: Dealer Ops, Industry, Sales, Showroom
Cox Automotive: In Q3, Sales of Electrified Vehicles Surged Past 1 Million Units

While sales of new vehicles declined 13.4% year over year in Q3 due primarily to low inventory and high prices, sales of electrified vehicles jumped by...

https://www.fi-magazine.com/366230/cox-automotive-in-q3-sales-of-electrified-vehicles-surged-past-1-million-units
Categories: Auto Finance, Dealer Ops, Industry
Dealers Buying Out More Existing Leased Vehicles to Alleviate Inventory Shortages

New trend helps brands like Honda and Nissan see the value of modernizing their lease policies, reports Swapalease.

https://www.fi-magazine.com/366228/dealers-buying-out-more-existing-leased-vehicles-to-alleviate-inventory-shortage
Categories: Dealer Ops, Industry, Showroom
Cox and LMC put Days' Supply of Inventory Below 1 Million Vehicles

Cox Automotive and LMC report new-vehicle inventories shrank to just over 915,000 in September and predict further shrinkage as production issues and supply...

https://www.fi-magazine.com/366214/cox-and-lmc-put-days-supply-of-inventory-below-1-million-vehicles


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