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Categories: Auto Finance, Dealer Ops, Industry, Sales
Cox Automotive Forecast: November Auto Sales Stuck in Low Gear As Consumers and Dealers Face Tight New-Vehicle Inventory and High Prices

November’s seasonally adjusted annual rate of sales is forecast to finish near 13.4 million, down 16% from last year when the sales pace was 15.9 million.

https://www.autodealertodaymagazine.com/366550/cox-automotive-forecast-november-auto-sales-stuck-in-low-gear-as-consumers-and-d
Categories: Dealer Ops, Industry, Showroom
U.S. Must “Get Serious” About Chip Production

Commerce Secretary urges Congress to pass funding designed to boost domestic production of semiconductor chips.

https://www.autodealertodaymagazine.com/366532/u-s-must-get-serious-about-chip-production
Categories: Dealer Ops, Digital, Industry, Product & Technology, Showroom
Nissan Commits to Spending $17.6 Billion on Battery-Powered Vehicles Over Next 5 Years

Automaker reports batteries will power half of the vehicles it sells by 2030.

https://www.autodealertodaymagazine.com/366530/nissan-commits-to-spending-17-6-billion-on-battery-powered-vehicles-over-next-5-years
Categories: Fixed Ops, Industry, Showroom
Black Book’s Used Vehicle Retention Index Continues to Increase

The seasonally adjusted Retention Index increased to 189.9 points, reaching another record.

https://www.autodealertodaymagazine.com/366574/black-books-used-vehicle-retention-index-continues-to-increase
Categories: Fixed Ops, Industry, Showroom
Auto Dealers Expect Valuations and Profits to Increase in 2022

Positive momentum in auto retail and buy/sell market will continue in 2022, according to the recently-released 2021 Kerrigan Dealer Survey: 61% of...

https://www.autodealertodaymagazine.com/366519/auto-dealers-expect-valuations-and-profits-to-increase-in-2022
Categories: Dealer Ops, Industry, Showroom
Worst is Behind Us, Says NADA Chairman

Though challenges remain, many positive signs point to a return to normal some time in 2022, says NADA Chairman Paul Walser.

https://www.autodealertodaymagazine.com/366562/worst-is-behind-us-says-nada-chairman
Categories: Dealer Ops, Industry, Showroom
Is the Chip Crisis Showing Signs of Improvement?

Production cuts because of a shortage of microchips slow.

https://www.autodealertodaymagazine.com/366483/is-the-chip-crisis-showing-signs-of-improvement
Categories: Dealer Ops, Industry, Showroom
Ford Enters Agreement to Boost Chip Supplies

Ford Motor Co. partners with chip maker GlobalFoundries to address the auto industry’s semiconductor supply shortfalls. 

https://www.autodealertodaymagazine.com/366481/ford-enters-agreement-to-boost-chip-supplies
Categories: Compliance, Dealer Ops, Industry, Product & Technology
Experts Weigh the Pros and Cons of Biden’s EV Grants

Some say the grants will provide a needed boost to EV adoption while others warn it will fail as previous policies did during the Obama Administration.

https://www.autodealertodaymagazine.com/366505/experts-weigh-the-pros-and-cons-of-bidens-ev-grants
Categories: Dealer Ops, Digital, Fixed Ops, Industry, Product & Technology, Sales, Showroom
Cox Automotive: As More Americans Choose EVs, Price and Range Continue to Hold Back the Market

The 2021 Cox Automotive Path to EV Adoption Study provides a look at the major consumer barriers that continue to slow EV adoption.

https://www.autodealertodaymagazine.com/366450/cox-automotive-as-more-americans-choose-evs-price-and-range-continue-to-hold-bac


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