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NADA CEO Mike Stanton, outgoing Chairman Mike Alford, and incoming Chairman Geoff Pohanka shared what’s on deck for the year ahead.
https://www.autodealertodaymagazine.com/369980/nada-to-focus-on-key-industry-issues-in-2023
The move will affect 1,350 employees who will be indefinitely laid off at the Belvidere, Illinois, plant.
https://www.autodealertodaymagazine.com/369600/stellantis-to-shutter-illinois-plant-indefinitely
Mazda Motor Corp. reports sufficient parts inventories will keep production status quo despite COVID lockdowns at Chinese suppliers.
https://www.autodealertodaymagazine.com/369499/mazda-stockpiles-parts-to-maintain-production-amid-chinese-supplier-lockdowns
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
Analysts forecast production of about 14.7 million cars and trucks this year in North America, an increase of 12.5% vs. 2021.
https://www.autodealertodaymagazine.com/368361/sp-global-mobility-north-american-auto-production-rebounding
Tesla Inc. has had to shut down its plant in Shanghai for a total of 12 production days in recent weeks because of China’s COVID-19 lockdowns.
https://www.autodealertodaymagazine.com/367668/covid-19-shutters-production-in-china
China’s Covid-Zero policy could cause global vehicle production to lose 2% of growth in 2022, equivalent to about 1.5 million units.
https://www.autodealertodaymagazine.com/367581/chinas-zero-covid-policy-threatens-global-auto-production
Industry analysts predict U.S. auto retail sales will dip in January as manufacturing slows.
https://www.autodealertodaymagazine.com/367045/slim-inventory-and-high-prices-to-cause-dip-in-january-vehicle-sales
Top concerns of returning to the office include COVID-19 exposure, less work flexibility, worse work-life balance.
https://www.autodealertodaymagazine.com/364584/survey-finds-58-of-people-working-remotely-would-quit-their-jobs-if-required-to-return-to-office
As employees and customers move throughout the dealership, make sure that each area is sanitary, safe, and ready to create a great sales experience.
https://www.autodealertodaymagazine.com/364485/4-design-changes-for-a-safer-dealership-experience