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The number of vehicles canceled from automaker production schedules worldwide due to the shortage now exceeds 2 million, according to AutoForecast Solutions.
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Automakers have urged Congress to lift a cap on the $7,500 electric vehicle tax credit.
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Former Santander and Capital One executive brings deep consumer finance experience to AutoFi’s leadership team.
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Coontz and Nordmann’s appointments signal positive change for the male-dominated FinTech and auto industries.
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Index reverses a 3-month slide and increases to 188.8 points in May 2022 as tight new inventory and record low incentives push used wholesale prices up across most segments.
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Orlando-area dealership sold to Morgan Automotive Group, marking the 155th Kerrigan-led dealership sale since 2015.
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Proceeds from sale of stunning BMW 330i will go to NIADA Foundation for charity and scholarships.
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In his new role, Mr. Ferri will focus on driving PureCars’ growth strategy, including broadening its offering in the advertising technology sector and increasing market penetration.
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Dealerships dominate search and social platforms with Advanced Vehicle Details page, In-Market Shopper Targeting, and Real-time Available Inventory.
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Over 10,000 enrolled dealerships enabled to exchange vehicles at pre-determined prices.
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