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Categories: Auto Finance, Dealer Ops, F&I, Fixed Ops, Industry, Sales, Showroom
Record Profits, Cash Flow and Demand Drove Historic Valuations and Transactions in Q2 Auto Dealership Buy/Sell Market

Auto dealership buy/sell market on path to most active year in history – 320 transactions June 2020 to June 2021.

https://www.fi-magazine.com/365964/record-profits-cash-flow-and-demand-drove-historic-valuations-and-transactions-i
Categories: Auto Finance, Dealer Ops, Fixed Ops, Industry, Sales, Showroom
U.S. Retail Sales Increase in August

The U.S. Commerce department reported the uptick of 0.7% in retail sales.

https://www.fi-magazine.com/365960/u-s-retail-sales-increase-in-august
Categories: Compliance, Product & Technology, Showroom
Sodium-ion Batteries Bring EV Costs Down and Push Safety Up

This less expensive and safer battery technology will lower the prices of EVs and make them more accessible to price-conscious consumers and...

https://www.fi-magazine.com/365941/sodium-ion-batteries-make-bring-ev-costs-down-and-push-safety-up
Categories: Dealer Ops, Industry, Sales, Showroom
GM Resumes Silverado, Sierra Production Amid Chip Crisis

General Motors will extend production cuts at crossover, midsize pickup and sedan plants because of the semiconductor chip shortage but will resume...

https://www.fi-magazine.com/365927/gm-resumes-silverado-sierra-production-amid-chip-crisis
Categories: Dealer Ops, Industry, Showroom
Toyota and Honda Criticize EV Proposal that Favors Union Plants

The companies sharply criticized a Democrat proposal in the U.S. House of Representatives to give union-made electric vehicles an additional $4,500 tax...

https://www.fi-magazine.com/365925/toyota-and-hondo-criticize-ev-proposal-that-favors-union-plants
Categories: Dealer Ops, Industry, Showroom
Mexico Expects US to Comply with Rules in New North American Trade Pact

The countries are at odds over a USMCA requirement that auto manufacturers to meet a 75% threshold for North American content for vehicles to qualify for...

https://www.fi-magazine.com/365877/mexico-expects-us-to-comply-with-rules-in-new-north-american-trade-pact
Categories: Dealer Ops, Industry, Showroom
Manufacturers Hopeful That Chip Supply Will Improve in Q4

Though forecasts predict the global semiconductor shortage may not right itself until 2023, vehicle manufacturers express hope for improvement in Quarter 4.

https://www.fi-magazine.com/365873/daimler-manufacturers-hopeful-that-chip-supply-will-improve-in-q4
Categories: Dealer Ops, Showroom
Dealers Clean Up After Hurricane Hits

Hurricane Ida damages vehicles at New Jersey and Louisiana dealerships. 

https://www.fi-magazine.com/365871/dealers-clean-up-after-hurricane-hits
Categories: Auto Finance, Fixed Ops, Industry, Sales, Showroom
Cox Automotive: Auto Market Weekly Summary

The slowing auto market will lead Cox Automotive to revise downward its full-year new-vehicle sales forecast.

https://www.fi-magazine.com/365864/cox-automotive-auto-market-weekly-summary
Categories: Auto Finance, Dealer Ops, Industry, Sales, Showroom
Market Insights from Black Book

On a volume-weighted basis, the overall Car segment increased +0.18%. For reference, the previous week cars increased by +0.06%.

https://www.fi-magazine.com/365862/market-insights-from-black-book


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