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Dealer Opsby StaffApril 13, 2022

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.

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Dealer Opsby StaffApril 13, 2022

Hyundai Advances EV Strategy

Hyundai Motor Corp. will build an assembly plant in the U.S. for electric vehicles and batteries, COO Jose Muñoz announced.

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Dealer Opsby StaffApril 13, 2022

GM Enters Agreement to Buy Cobalt from Glencore Plc

GM reported it had agreed to a multiyear deal for cobalt from Glencore’s Murrin Murrin mine in Australia.

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Auto Financeby StaffApril 12, 2022

Black Book Market Insights

The Estimated Average Weekly Sales Rate decreased a little last week to 67%, with sellers holding firm to floor pricing.

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Dealer Opsby StaffApril 12, 2022

BMW Q1 Sales Rise 3.2%

The luxury automaker credits strong factory-dealer communications as the reason dealers could sell into the pipeline.

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Dealer Opsby StaffApril 11, 2022

NADA Issues U.S. Auto Sales and Economic Analysis Following First Quarter 2022

The first quarter of 2022 came to a close with new-light vehicle sales in March totaling a SAAR of 13.4 million units, a decline of 4.6% compared to February 2022 and a decline of 24.4% compared to March 2021’s SAAR.

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Fixed Opsby StaffApril 11, 2022

After Slow First Quarter, Manheim Forecasts Used-Vehicle Market to Accelerate in Months Ahead

Manheim Market Report values saw weekly price increases that accelerated in each full week of March after the first week saw the smallest decline thus far this year.

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Summit Updatesby StaffApril 8, 2022

Step Up Your Warranty Fraud Prevention at WCM

If you are concerned about fraud in the warranty chain and are interested in approaches to preventing it, this session will give a good overview of one approach used by IBM.

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Dealer Opsby StaffApril 7, 2022

GM and Honda to Collaborate on Affordable EVs

General Motors and Honda Motor Co. announced plans to develop a line of affordable electric vehicles (EVs) with a focus on compact crossovers.

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Dealer Opsby StaffApril 7, 2022

COVID-19 Shutters Production in China

Tesla Inc. has had to shut down its plant in Shanghai for a total of 12 production days in recent weeks because of China’s COVID-19 lockdowns.

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