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Soaring commodity costs signal price increases for vehicle parts

Over the past two years, commodity costs have spiked between 200 and 300%, and parts suppliers are feeling the heat. Bosch announced during their...

Automotive industry trends and headlines from the past year

We thought 2021 would slow down, but the more things changed, the more they stayed the same in the auto industry. And there were...

Steps dealerships can take amid parts and staffing shortages

As the global supply chain issues rage on, Cox Automotive released a report Monday outlining that while consumers are still taking their vehicles to...

How today’s advisor transparency works wonders

Openness in the service drive in today’s climate will help ensure your CSI is rock steady and profitability greatly enhanced! Challenges from the post-pandemic operating...

How car dealers can focus on customer retention amid inventory challenges

Earlier this month, the National Automotive Dealers Association (NADA) released its analysis of two studies recently conducted, including one that involved interviews with consumers...

More parts shortages hit auto industry, affecting new inventory

On Friday, Mar 19, a fire at Renesas Electronics Corp northeast of Tokyo, Japan has exacerbated the semiconductor shortage affecting the auto industry. The...