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chip shortage

Where does the semiconductor chip shortage stand today?

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With modern cars sometimes needing thousands of semiconductor chips to run the various electronics, automakers are still feeling the effects of the shortage. Today’s new cars are being sent off the production line without valuable tech installed, and customers aren’t happy. How long will this tech shortage persist and what can manufacturers do about it? […]
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Finkelmeyer

Cox Automotive’s Brian Finkelmeyer shares his 2022 outlook on EVs, used...

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As 2021 comes to a close, many of you may be wondering what we can expect as an industry and where we are headed....
Caldwell

Edmunds exec. Jessica Caldwell discusses end-of-year sales for 2021

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Consumers are coming back into the showroom or looking through your inventory online this holiday season. So as we wrap up the year, we want to know more about today’s consumer demand. What are they shopping for? On today’s show, we’re pleased to welcome Jessica Caldwell, Edmunds Executive Director of Industry Insights, to discuss what […]
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Tynan

Bloomberg’s Kevin Tynan shares his auto industry predictions for 2022

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Much has taken place throughout the past year in retail automotive; from record acquisitions to the continued ‘chip-demic’. Throughout it all, dealers have remained profitable. On today’s show, we’re pleased to welcome Kevin Tynan, Bloomberg Intelligence’s Senior Automotive Analyst, who stays up to date on all things automotive. He gives us his perspective on the […]
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auto

Automotive industry trends and headlines from the past year

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We thought 2021 would slow down, but the more things changed, the more they stayed the same in the auto industry. And there were even more surprises around each corner. So, let’s look at some trends and headlines from the past year. The used car market takes center stage Maybe it’s time we have a […]
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Expect strong new and used car sales in 2022 due to...

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Industry experts are predicting that dealer activity in the new year will be easily sustained courtesy of above-normal consumer demand for vehicles. The effects of inventory shortages have developed a backlog of consumers looking for vehicles, both new and used. Entering the new year, the industry should expect a similar sales climate with prices that […]
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chip shortage

A look inside the current state of the semiconductor microchip shortage

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While automakers and basically every manufacturer around the world were hoping the semiconductor microchip shortage would be a thing of the past by now, the issues are continuing to have a negative impact on production across all industries. Automotive dealers have seen a drastic decline in inventory as the shortage has dragged on, and expert […]
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sales

Are the October & November auto forecasts a sign of what’s...

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New vehicle sales are expected to slide well into the double digits when October’s sales are reported, according to J.D. Power and LMC Automotive. Their joint forecast estimates total US retail sales of 943,500 units this month, representing a decrease of 17.4% compared to October 2020 when dealer lots were still full of cars. And […]
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The aftermath of Hurricane Ida: NJ Car Pres. Jim Appleton talks...

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It has been some time since Hurricane Ida bombarded the Gulfcoast and Northeast with severe flooding. According to Carfax, 212,000 vehicles were potentially damaged...
chips

New shutdowns are coming to U.S. manufacturers

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Automotive assembly plant shutdowns are accelerating, and the future doesn’t provide much optimism for improvement. With today’s vehicles filled with up to 1,500 chips, manufacturers have to go on a chip diet at best and, in most cases, go on a long-term fast. GM, Stellantis, and Ford are currently delaying the production of over 855,000 vehicles, […]
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