The independent dealers I’ve talked to are killing it right now. They snapped up inventory before the chip crisis that continues to make finding quality used vehicles like finding a needle in a haystack. Consumer demand led to a record 10 percent increase in used…Continue
Added by Phil Spagnoli on May 24, 2021 at 12:54pm — No Comments
It’s popular to talk about the chip shortage – and for good reason. The blows just keep coming. First, the slash in vehicle production. Dealers who typically inventoried 600 to 700 new cars now have fewer than 50. I spoke with a dealer in California last week who literally had two new vehicles on his lot. Two!
Then, the subsequent soaring cost…Continue
Added by Phil Spagnoli on May 17, 2021 at 9:30am — No Comments