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Categories: Dealer Ops, Industry, Showroom
Automakers Urge Congress to Lift EV Tax Credit Cap

Automakers have urged Congress to lift a cap on the $7,500 electric vehicle tax credit.

https://www.agent-entrepreneur.com/368218/automakers-urge-congress-to-lift-ev-tax-credit-cap
Categories: Auto Finance, Dealer Ops, Industry, Sales, Showroom
May Light Vehicle Sales Results Show Double-Digit Declines

The seasonally adjusted, annualized rate of sales fell to 12.81 million in May, according to Motor Intelligence.

https://www.agent-entrepreneur.com/368140/may-light-vehicle-sales-results-show-double-digit-declines
Categories: Dealer Ops, Industry, Showroom
Toyota and Honda Neck in Neck in WRI Study

The 2022 Working Relations Index shows Toyota in first place, with Honda rapidly closing in.

https://www.agent-entrepreneur.com/368068/toyota-and-honda-neck-in-neck-in-wri-study
Categories: Dealer Ops, Industry, Sales, Showroom
Toyota, Honda, Hyundai and Kia Sales Plummet in April

The loss leader in this equation was Toyota Motor Corp., which saw April sales volume fall 23%.

https://www.agent-entrepreneur.com/367923/toyota-honda-hyundai-and-kia-sales-plummet-in-april
Categories: Auto Finance, Dealer Ops, Industry, Product & Technology, Showroom
Toyota to Hit Tax Credit Limit for EVs and Hybrid Vehicles

Toyota Motor Corp. is getting closer to using up a key U.S. tax credit for hybrid and electric vehicles, a situation company leaders say will raise its...

https://www.agent-entrepreneur.com/367919/toyota-to-hit-tax-credit-limit-for-evs-and-hybrid-vehicles
Categories: Dealer Ops, Industry, Sales, Showroom
Shortage of Inventory, Not Buyers Challenges U.S. Auto Industry

The U.S. auto industry has no shortage of buyers currently, but it lacks the inventory to satisfy them.

https://www.agent-entrepreneur.com/367650/shortage-of-inventory-not-buyers-challenges-u-s-auto-industry
Categories: Dealer Ops, Industry, Showroom
Experts Predict Russia-Ukraine Conflict Will Slash Global Vehicle Production

Experts predict the Russian invasion of Ukraine could slash global production of new cars and trucks by millions of units in 2022.

https://www.agent-entrepreneur.com/367352/experts-predict-russia-ukraine-conflict-will-slash-global-vehicle-production
Categories: Auto Finance, Dealer Ops, Industry, Sales, Showroom
Toyota and Honda Stay Positive on Profits

Tight supply and lower production helps the companies sell vehicles with fewer financial incentives than they traditionally offer.

https://www.agent-entrepreneur.com/367160/toyota-and-honda-stay-positive-on-profits
Categories: Dealer Ops, Industry, Sales, Showroom
Tight Inventories Cause Brand Loyalty to Dip

Short supplies of new vehicles drove a dip in consumer loyalty of over 3 percentage points, according to Experian.

https://www.agent-entrepreneur.com/366709/tight-inventories-cause-brand-loyalty-to-dip
Categories: Dealer Ops, Industry, Showroom
Toyota Will Accept Minor Parts Flaws to Trim Costs

The automaker’s acceptance of parts it would have thrown away in the past marks a notable change for a company renowned for stringent quality control.

https://www.agent-entrepreneur.com/366612/toyota-will-accept-minor-parts-flaws-to-trim-costs


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