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Categories: Dealer Ops, Industry, Showroom
Worst is Behind Us, Says NADA Chairman

Though challenges remain, many positive signs point to a return to normal some time in 2022, says NADA Chairman Paul Walser.

https://www.fi-magazine.com/366562/worst-is-behind-us-says-nada-chairman
Categories: Auto Finance, Dealer Ops, Industry, Sales
Cox Automotive Forecast: November Auto Sales Stuck in Low Gear As Consumers and Dealers Face Tight New-Vehicle Inventory and High Prices

November’s seasonally adjusted annual rate of sales is forecast to finish near 13.4 million, down 16% from last year when the sales pace was 15.9 million.

https://www.fi-magazine.com/366550/cox-automotive-forecast-november-auto-sales-stuck-in-low-gear-as-consumers-and-d
Categories: Dealer Ops, Industry, Showroom
U.S. Must “Get Serious” About Chip Production

Commerce Secretary urges Congress to pass funding designed to boost domestic production of semiconductor chips.

https://www.fi-magazine.com/366532/u-s-must-get-serious-about-chip-production
Categories: Dealer Ops, Digital, Industry, Product & Technology, Showroom
Nissan Commits to Spending $17.6 Billion on Battery-Powered Vehicles Over Next 5 Years

Automaker reports batteries will power half of the vehicles it sells by 2030.

https://www.fi-magazine.com/366530/nissan-commits-to-spending-17-6-billion-on-battery-powered-vehicles-over-next-5-years
Categories: Fixed Ops, Industry, Showroom
Auto Dealers Expect Valuations and Profits to Increase in 2022

Positive momentum in auto retail and buy/sell market will continue in 2022, according to the recently-released 2021 Kerrigan Dealer Survey: 61% of...

https://www.fi-magazine.com/366519/auto-dealers-expect-valuations-and-profits-to-increase-in-2022
Categories: Compliance, Dealer Ops, Industry, Product & Technology
Experts Weigh the Pros and Cons of Biden’s EV Grants

Some say the grants will provide a needed boost to EV adoption while others warn it will fail as previous policies did during the Obama Administration.

https://www.fi-magazine.com/366505/experts-weigh-the-pros-and-cons-of-bidens-ev-grants
Categories: Dealer Ops, Industry, Showroom
Is the Chip Crisis Showing Signs of Improvement?

Production cuts because of a shortage of microchips slow.

https://www.fi-magazine.com/366483/is-the-chip-crisis-showing-signs-of-improvement
Categories: Dealer Ops, Industry, Showroom
Ford Enters Agreement to Boost Chip Supplies

Ford Motor Co. partners with chip maker GlobalFoundries to address the auto industry’s semiconductor supply shortfalls. 

https://www.fi-magazine.com/366481/ford-enters-agreement-to-boost-chip-supplies
Categories: Auto Finance, Dealer Ops, Industry, Showroom
Latest Haig Report Tracks Trends in Auto Retail and Impact on Dealership Values

Highlights include a significant spike in dealership profits and skyrocketing demand from dealership groups that want to acquire more stores.

https://www.fi-magazine.com/366454/latest-haig-report-tracks-trends-in-auto-retail-and-impact-on-dealership-values
Categories: Auto Finance, Fixed Ops, Industry, Sales
Bezos-backed Rivian’s Meteoric Rise Represents a Fundamental Change in the Valuation of Automotive Stocks

The Rivian value debate demonstrates how investors can be split into two categories: those that make decisions based on recognizing future themes and those...

https://www.fi-magazine.com/366452/bezos-backed-rivians-meteoric-rise-represents-a-fundamental-change-in-the-valuat


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