LotLinx Weekly News Vol. 160: The Mother of All Efficiency

FROM AUTOMOTIVE NEWS: Automakers Rally From Pandemic Low; SAAR Hits 18.5M

New vehicle SAAR has topped 18 million units for the second month in a row, with the average year-over-year sales change across reporting OEMs up 126.6%.

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FROM FORTUNE: Sit Tight, Chip Shortage Likely to Last to 2023, Says Top Supplier to Auto Industry

The perfect storm of halted chip manufacturing is expected to continue for up to two more years, posing a threat to inventory levels and OEM profitability for the foreseeable future.

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FROM WARDSAUTO: Tips for Car Dealers on Best Ways to Get Pre-Owned Inventory

Dealers have been forced to get savvy when it comes to bringing in used inventory. Industry experts share their tips for reevaluating the acquisition, appraisal, and reconditioning processes to secure additional units.

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FROM THE WALL STREET JOURNAL: Auto Makers Retreat From 50 Years of ‘Just in Time’ Manufacturing

Today’s manufacturing model began as an attempt to eliminate wasted spend, but natural disasters and a global pandemic have slowly exposed the flaws in the fast-paced process.

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