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Newsby StaffDecember 9, 2021

Chip Flow Increasing for GM

An increased flow of semiconductor chips allowed the Detroit automaker to operate every plant this week.

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Newsby StaffDecember 9, 2021

Stellantis CEO Calls Pandemic Impacts ‘Eye Opening’

High demand amid COVID-19 supply chain pressures and tightened inventory highlight the importance of freedom of mobility, reports Carlos Tavares.

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Newsby StaffDecember 8, 2021

Quantum5 Ushers in Next Evolution of Training with People-First BDC Program

Quantum5’s BDC training program uses a three-step process to help dealerships improve customer communication, build meaningful relationships, and manage customer expectations to improve overall BDC profits. 

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NewsDecember 8, 2021

NADA Market Beat: Limited Vehicle Availability Continues to Impact Sales Despite Slight Inventory Increases in November

While November began with a slight increase in inventory levels from September’s all-time lows, limited vehicle availability continues to keep sales well below current demand.

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Newsby StaffDecember 7, 2021

Black Book’s Used Vehicle Retention Index Continues to Increase

The seasonally adjusted Retention Index increased to 189.9 points, reaching another record.

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Newsby StaffDecember 2, 2021

New Data Shows Delinquencies Remain Low Amid Rising Average Vehicle Loan Amounts

Experian’s "State of the Automotive Finance Market: Q3 2021" report finds delinquencies remain lower than pre-pandemic levels.

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Newsby StaffDecember 2, 2021

Worst is Behind Us, Says NADA Chairman

Though challenges remain, many positive signs point to a return to normal some time in 2022, says NADA Chairman Paul Walser.

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Newsby StaffNovember 30, 2021

U.S. Must “Get Serious” About Chip Production

Commerce Secretary urges Congress to pass funding designed to boost domestic production of semiconductor chips.

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Newsby StaffNovember 30, 2021

Nissan Commits to Spending $17.6 Billion on Battery-Powered Vehicles Over Next 5 Years

Automaker reports batteries will power half of the vehicles it sells by 2030.

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Newsby StaffNovember 29, 2021

Auto Dealers Expect Valuations and Profits to Increase in 2022

Positive momentum in auto retail and buy/sell market will continue in 2022, according to the recently-released 2021 Kerrigan Dealer Survey: 61% of dealerships expect an increase in their valuation, 79% expect profits to rise and 77% expect to acquire more dealerships over next 12 months.

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