Sunday, November 28, 2021
spot_img
Home Tags Chip shortage

Tag: chip shortage

Roger Love

Should car dealers continue to pay top dollar for trade-ins...

0
On the latest edition of Straight to the Point, host Frank J. Lopes is joined by Paul Machin, Head of Strategic Accounts at Black Book. Lopes gets straight to the point with Machin by asking him, should auto dealers still be paying all the money for trade-ins or should they pull back and slow down? Machin […]
To access this post, you must log in or purchase Monthly $17.95 or Yearly $159
Laurie Foster

Automotive retail consultant Laurie Foster on digital retailing, recruiting, and...

0
On today’s show, we’re pleased to welcome Laurie Foster, Founder and CEO of Foster Strategies Group, an automotive retail consulting service for dealers, vendors and OEMs. Foster begins the conversation by discussing her take on the recent Digital Dealer conference. Although turnout for the conference was lower than usual, Foster says it was still a […]
To access this post, you must log in or purchase Monthly $17.95 or Yearly $159
age of vehicles

Average vehicle age blows past 12 years due to pandemic

0
In the past year, the average age of vehicles in operation in the United States has crossed the 12-year threshold. According to IHS Markit data, the current average age of vehicles in the country now stands at 12.1 years, almost two months older than in early 2020. The cause of the average age increase, of […]
To access this post, you must log in or purchase Monthly $17.95 or Yearly $159
automakers

Which major automakers performed the best in May 2021?

0
With automotive factories crippled by the chip shortage and closed showrooms, it would make sense to see passenger car and SUV sales dive, but that hasn’t been the case when evaluating the May 2021 auto sales numbers. A few of the numbers aren’t what we could have expected after many months of lockdowns, but there […]
To access this post, you must log in or purchase Monthly $17.95 or Yearly $159

The importance of monitoring your ad spend and finding the right...

0
Like every other department in the car dealership, dealers are having to re-tool their marketing practices to compete in a post-COVID market. Today, we...

AutoNation’s profit triples amid chip shortage

0
AutoNation, Inc., one of the largest automotive retailers in the US, reported earlier this week that its quarterly adjusted profit nearly tripled from this time last year. AutoNation’s Chief Executive Officer Mike Jackson told shareholders that these “outstanding results were driven by strong performance in new, used and customer financial services and disciplined expense management.” […]
To access this post, you must log in or purchase Monthly $17.95 or Yearly $159
semiconductor

President Biden meeting with execs sparks semiconductor chip recovery, but...

0
On Monday, President Joe Biden met with executives virtually in the auto, tech, consumer electronics, and biotech industries to discuss the semiconductor chip shortage that’s affecting manufacturing and supply not just nationwide, but globally. In attendance were key industry participants including GM’s Mary Barra, Ford’s Jim Farley, and Intel’s Pat Gelsinger. The virtual CEO Summit […]
To access this post, you must log in or purchase Monthly $17.95 or Yearly $159
Toyota

Toyota makes a robust update to profit forecast

0
The world’s best-selling automakers has now updated their full-year profit expectations after realizing a net profit increase of 50% in the third quarter of their fiscal year. Toyota Motor Corp increased their yearly earnings by 54% on the news – a surprising move as other automakers worldwide continue to fall behind in production.  After announcing a Q2 […]
To access this post, you must log in or purchase Monthly $17.95 or Yearly $159