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Categories: Auto Finance, Dealer Ops, F&I, Industry, Sales, Training
Customer ‘Scorecard’ Designed to Help Dealers

CDK Global offering polls U.S. customers on car availability and more.

https://www.autodealertodaymagazine.com/369129/customer-scorecard-designed-to-help-dealers
Categories: Operations, Remarketing, Small Fleet, Used Vehicle Values
Used-Vehicle Market Stabilizes Supply, Prices

Higher interest rates are likely hurting used-vehicle demand because consumers can’t afford the higher monthly payments.

https://www.vehicleremarket.com/10183380/used-vehicle-market-stabilizes-supply-prices
Categories: Dealer Ops
Stellantis CEO Calls Chip Supply ‘Complicated’

CEO Carlos Tavares reported he expects the semiconductor supply chain to remain tight until the end of 2023.

https://www.autodealertodaymagazine.com/369010/stellantis-ceo-calls-chip-supply-complicated
Categories: Operations, Remarketing, Small Fleet, Used Vehicle Values
Used Vehicle Inventory Up 30% YOY

Wholesale prices had been moving downward for most of the year and decreased 4% in August from July, widening the divergence with retail prices.

https://www.vehicleremarket.com/10181337/used-vehicle-inventory-up-30-yoy
Categories: Dealer Ops, Industry, Sales, Showroom
Subaru Sees Q2 Profit Hike

Subaru profit jumped 25% in the latest quarter as the automaker recovered production, ramped up sales and cashed in on favorable exchanges rates.

https://www.autodealertodaymagazine.com/368599/subaru-sees-q2-profit-hike
Categories: Dealer Ops, Digital, Industry, Product & Technology, Showroom
Senate Passes CHIPS Bill on 64-33 Vote

The House is expected to also pass the bipartisan bill that earmarks billions of dollars to boost domestic semiconductor production.

https://www.autodealertodaymagazine.com/368548/senate-passes-chips-bill-on-64-33-vote
Categories: Dealer Ops, Industry, Sales, Showroom
Volvo Predicts Retail Sales Slump in 2022

Volvo Cars points to a potential slump in retail sales in 2022 after posting higher second-quarter profits.

https://www.autodealertodaymagazine.com/368499/volvo-predicts-retail-sales-slump-in-2022
Categories: Fleet, Remarketing
Supply Chain Constrains Vehicles Sales Forecast

Although economic conditions are worsening, the lack of supply is still the greatest headwind facing the auto industry.

https://www.vehicleremarket.com/10175972/supply-chain-constrains-vehicles-sales-forecast
Categories: Fleet, Green Fleet
Gas Prices Influence Still-Low New-Vehicle Inventory in May

As gas prices surged to record levels, inventory of imports, especially smaller, fuel-efficient models, including hybrids, was among the lowest in the...

https://www.vehicleremarket.com/10175569/gas-prices-influenced-still-low-new-vehicle-inventory-in-may
Categories: Remarketing, Used Vehicle Values
Prices Inch Down as Used-Vehicle Supply Holds Steady

The average listing price as May closed dipped to $28,312, compared with a revised $28,372 at the end of April.

https://www.vehicleremarket.com/10175566/prices-inch-down-as-used-vehicle-supply-holds-steady


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