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.
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.
The U.S. auto industry has no shortage of buyers currently, but it lacks the inventory to satisfy them.
Unprecedented 383 transactions completed in 2021, representing 830 franchises, nearly three times the pre-pandemic average, according to The Blue Sky Report by Kerrigan Advisors.
Broadly, the investments announced focus on the development of production facilities, technology, EV batteries, new product and securing future raw material supply, and autonomous vehicle development.
Provides improved cash flow and greater confidence for dealers.
In the U.S., 2021 marked the end of government stimulus programs and pandemic related lockdowns. It also marked the beginning of a new era in fraud.
The organization and its integrated automotive service divisions are now simply Holman.
The report explains how dealership profits have tripled along with demand from dealership groups that want to acquire more stores.
Currently, the only industry in America that openly accepts the selling of unsafe recalled products to the public is the auto industry.
The new standards will reverse the Trump Administration’s rollback of U.S. regulations aimed at improving gas mileage and cutting tailpipe pollution.
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