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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
Categories: Compliance, Dealer Ops, Industry
EV Legislation Stirs Heated Debate

Automakers remain divided over the larger tax credit for EVs built in Union shops and other measures in the green energy plan.

https://www.fi-magazine.com/366170/ev-legislation-stirs-heated-debate
Categories: Dealer Ops, Industry, Sales, Showroom
How Automakers and Dealers are Weathering a Topsy Turvey Market

BMW is faring better than GM, and car dealers are coping better than component suppliers.

https://www.fi-magazine.com/366142/how-automakers-and-dealers-are-weathering-a-topsy-turvey-market
Categories: Awards, Industry, Showroom
Reputation 2021 Automotive Report Unveils Rankings of Top Auto Brands, Dealerships and Dealer Groups

Report finds that the industry continues to rely on technology and customer feedback to improve the increasingly digital car-buying experience.

https://www.fi-magazine.com/366137/reputation-2021-automotive-report-unveils-rankings-of-top-auto-brands-dealership
Categories: Dealer Ops, Industry, Sales, Showroom
Low Inventory Levels Drive Down September SAAR to 12.2 Million Units

September new light-vehicle sales fell for the 5th consecutive month to a SAAR of 1.2 million units, reported the National Automobile Dealers Association...

https://www.fi-magazine.com/366118/low-inventory-levels-drive-down-september-saar-to-12-2-million-units
Categories: Auto Finance, Dealer Ops, Industry, Sales
Black Book’s Used Vehicle Retention Index Increases Again to All-Time High

The seasonally adjusted Retention Index increased to 169.5 points, hitting another record this year.

https://www.fi-magazine.com/366109/black-books-used-vehicle-retention-index-increases-again-to-all-time-high


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