Tuesday, October 19, 2021
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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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cybertruck

Tesla Cybertruck production delayed by another year

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At the initial model unveiling, the Tesla Cybertruck was positioned as a frontrunner among electrified pickup trucks. The launch event had its own hiccups with Elon Musk smashing what was supposed to be Armor Glass on the truck’s windows with a metal ball, and the stumbles keep coming. Originally slated for a late 2021 release […]
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prices

How out-of-control prices are impacting both the new and used...

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New and used vehicle prices continue to climb to record high levels. On today’s show, we’re pleased to welcome Jessica Caldwell, Edmunds’ Executive Director of Industry Insights, to give us her take on how it may impact the overall market. The average transaction price of a new vehicle was close to $42,500 last month. Caldwell […]
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vehicle supply

A new model coming for vehicle supply, AutoNation CEO Mike...

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The COVID-19 pandemic could be a watershed for carmakers who have typically kept hundreds of thousands of new vehicles at any given time. AutoNation CEO Mike Jackson surmises that this inventory-heavy practice could be coming to an end, giving way for a new method for vehicle supply to retailers. In an interview with Bloomberg Television, […]
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car leasing

Could used car leasing tide over ravenous car buyers?

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Dealers nationwide are experiencing or expecting shortages on their new car lots. Some manufacturers have fared better than others, but as a whole, the industry will have fewer new vehicles available for sale than shoppers looking for one. Goldman Sachs is forecasting that the microchip parts shortage will keep inventory levels well below normal through […]
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Ford

Ford mulls over option to deliver unfinished vehicles to dealers

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Thousands of Super Duty pickups have been sitting at the Kentucky Speedway for months as the carmaker awaits enough microprocessor chips to complete them, then deliver them to waiting dealerships. Customers are ready to take delivery of many as soon as they arrive on the lot. On Thursday, Ford announced they were considering the possibility […]
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microchip shortage

How the microchip shortage is progressing

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Like most industries, the auto industry has continued to grapple with the effects of the pandemic while trying to find ways to overcome them. Despite revamped planning and operations, many automakers are still being impacted by the detrimental semiconductor microchip shortage that is delaying and canceling the production of thousands of vehicles. Microchips are also […]
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inventory

Edmunds reports that new inventory continues to ‘dwindle’

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Consumers who are ready to buy that shiny new car at a reasonable price may have to wait a while longer, according to an Edmunds report released this week. While the economy will hopefully continue to bounce back after the disastrous effects of the COVID-19 pandemic, it won’t happen overnight. As with most industries, it […]
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