Toyota Group megasupplier Aisin is grappling with how and when to shift to a new lineup of electrified products. Profits made from today’s internal-combustion vehicles will lead to investment in EV products.
KAR Global CEO Peter Kelly is banking on using the money made on the sale of ADESA U.S. to Carvana to amplify the compnay’s online auction offerings.
More and more, older, very-high-mileage used vehicles are being offered by the nation’s auto dealers.
Another 75,300 vehicles were eliminated from schedules because of the semiconductor shortage, mostly at North American factories.
NADA is urging dealerships to adopt the 2019 Model Dealership Voluntary Protection Products Policy as a precaution against a possible increase in federal regulatory scrutiny of F&I product margins.