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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: 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: 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: Dealer Ops, Showroom
Consolidation Continues with Asbury’s Pending Miller Acquisition

Asbury adds to the auto retail megadeals trend with its pending acquisition of Larry H. Miller Dealerships.

https://www.fi-magazine.com/366092/consolidation-continues-with-asburys-pending-miller-acquisition
Categories: Dealer Ops, Industry, Sales, Showroom
Will GM’s Dominance End Over Chip Shortage?

GM sales fall short of Toyota Motor Corp. over two consecutive quarters.

https://www.fi-magazine.com/366089/will-gms-dominance-end-over-chip-shortage
Categories: Dealer Ops, Industry, Showroom
Average Age of Vehicles on the Road Increases

IHS Markit finds the average age of a car on U.S. roads rose to 12.1 years in 2021, up from 11.9 years in 2020. In comparison, the average age was 9.6 years...

https://www.fi-magazine.com/366056/average-age-of-vehicles-on-the-road-increases
Categories: Dealer Ops, Showroom
NADA Dealer Attitude Survey Moves Nissan Ranking Up

The automaker ranked 10 places higher than a year ago after easing up on its high-pressure sales program.

https://www.fi-magazine.com/366014/nada-dealer-attitude-survey-moves-nissan-ranking-up
Categories: Dealer Ops, Industry, Showroom
Ford CEO Names Top Priorities for EVs

Ford Motor Co. President and CEO Chris Farley names making electric vehicles more affordable and mining battery minerals in the U.S. as top priorities.

https://www.fi-magazine.com/366012/ford-ceo-names-top-priorities-for-evs


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