Chip Shortage: Biden Administration Reports Relief On Its Way
Manufacturers are entering commitments to produce more automotive-grade chips for automotive manufacturers that have idled production amid the shortage.
Manufacturers are entering commitments to produce more automotive-grade chips for automotive manufacturers that have idled production amid the shortage.
Carketa is now part of a marketplace of applications and integration that CDK Global developed to help automotive dealers succeed.
Provides used car dealers with CARFAX vehicle history data to accurately appraise vehicles.
The Digital Vehicle Portfolio helps dealers convert more shoppers to engaged and active sales leads.
Manheim’s local auction network hosts 49 sales per month nationwide, with dealers averaging a 77% sales efficiency rate based on Manheim data.
First portal in industry to offer lease payoff capability.
Used wholesale and retail prices are starting to stabilize in July (although at a remarkably high plateau), but new car sales are still on a rollercoaster as the chip shortage is finally showing up in the new sales numbers.
Key findings show increased optimism, revenues and customer counts, and a decrease in the negative effects of COVID.
Voting is underway for the 17th annual Dealers’ Choice Awards, a program designed to recognize auto dealers’ favorite vendors, suppliers, and finance partners.
AutoNation predicts demand for new vehicles will continue into next year, as low-interest rates and robust demand helped the retailer boost quarterly earnings estimates.
CULA posted its 9th consecutive record month, with more leases processed in May and June than in any other months in its history.
Company launched in anticipation of surge in electric vehicle sales.
New Dealerware developer platform launches to enable powerful, integrated, single-screen solutions for dealerships, dealer groups, OEMs, and ecosystem partners.
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