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Auto Execs Say Consumer Demand Remains Strong

GM and Ford top execs say U.S. consumer demand for cars and trucks remains strong, despite soaring interest rates and gas prices.

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Auto Experts Weigh in on the Semiconductor Shortage

Experts suggest automakers focus their attention on the user experience and greater collaboration as they content with limited semiconductor chip supplies.

Microchip Shortage Takes Big Toll on North America, Europe

Auto manufacturing facilities in North America and Europe continue to lose production time over the lingering global microchip shortage, now well into its second year.

Downstream Repercussions from Inventory Shortages

Hopefully, supply chain issues will resolve sooner rather than later, but until they do, dealers can take the time to prepare for some inevitable downstream repercussions.

Experts Predict Soaring Vehicle Prices

The Ukraine invasion has ramped up the price of metals used in vehicles and OEMs likely will pass these costs on to consumers.

Aluminum and Nickel Prices Surge

Aluminum jumped up to 4.8% to $3,449 a ton on the London Metal Exchange, while nickel rose to the highest level since 2011.

Dealers Ask for Relief From Massive Tax Bills

A coalition has asked the U.S. Treasury Department to grant relief to dealers employing the LIFO tax deferment strategy who face excessive tax bills this spring.

Top 7 Ways Dealers Can Turbocharge Their Used Car Inventory

Dealers who build a used inventory strategy can now use it as a backbone of their success moving forward.

Is the Chip Crisis Showing Signs of Improvement?

Production cuts because of a shortage of microchips slow.

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Ford Enters Agreement to Boost Chip Supplies

Ford Motor Co. partners with chip maker GlobalFoundries to address the auto industry’s semiconductor supply shortfalls.

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