Tag: chip shortage
How the right automotive CRM can help during the inventory crunch
In a time where a chip shortage has led to a decline in inventory available and an increase in vehicle acquisition costs, having a...
New vehicle prices hit another all-time high in November
For the eighth straight month, the average transaction price for new vehicles in the US hit never-before-seen territory while incentives dipped to historic lows....
Truck sales and tires truly do go hand in hand
For the 2020 calendar year, pickup trucks swallowed up five of the top ten spots for best-selling models in the US. That’s expected to...
How car dealers can best showcase their value on Twitter
Virtually everyone in the automotive industry has been talking about the chip and inventory shortage and its impact. But not much talk has surrounded...
GM’s chip supply improves, some overtime shifts reinstated at truck plants
On Monday, General Motors announced they will be reinstating overtime shifts at six manufacturing plants beginning in November, a move that indicates the effects...
Cost of chip shortage expected to double, but Musk sees an...
In May 2021, AlixPartners predicted that the chip shortage plaguing the auto industry since the middle of the pandemic would end up costing the...
Cox Automotive’s Charlie Chesbrough reveals forecast for Q4 and how car...
The shortage of new vehicle inventory has led to a decline in sales and an uptick in stress for many of you. Cox Automotive...
How this Calif. dealer principal is acclimating to current auto industry...
Many car dealers we've spoken to recently, say they are experiencing record sales and profits in today’s market. On today’s show, we check in...
How this independent car dealer is capitalizing on the strong used...
Over the last year, COVID-19 has impacted the way we sell cars and operate our businesses. The independent auto industry is changing as well....
Dealership M&A transactions continue. Why is buy-sell activity so high?
The partnership that controls the Prime Automotive Group is liquidating the entire remaining portfolio in a transaction they hope will close by the end...
