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Today, few auto retailers accept cryptocurrency as payment, but experts predict that could soon change.
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LMC Automotive expects the semiconductor shortage to cut production in North America by about 452,000 units over the remaining months. The company also expects the chip shortage to impact production by about 1.5 million units.
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Last month we noted that the record run of value increases we have seen over the past 18 months appeared to be slowing down and possibly ending.
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As wholesale prices started to decline in July, the seasonally adjusted Retention Index reversed the trend for the first time this year and decrease to 161.8 points.
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Completed surveys enter the voter into a drawing for one of two $200 Amazon eGiftCards.
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The company will idle plants in Flint, Michigan; Fort Wayne, Indiana; and Silao, Mexico, just one week after the plants resumed production after an earlier shutdown related to the shortage.
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Days-to-turn for used retail listings have been increasing, as retail demand softened over the last few weeks.
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Ford presently offers only five key vehicle models in the country including its flagship EcoSport and Endeavour models, which are now losing share to newer competing products.
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New leadership hires bring extensive knowledge to PCMI amidst rapid growth.
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The Director of Corporate Development is a new role for NAC, an award-winning F&I provider that announced four agency acquisitions in 2020, with more slated for 2021.
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