LotLinx Weekly News Vol. 163: Come Monday, Sales Will Be Alright

FROM KELLEY BLUE BOOK: Car Shopping This Memorial Day? You’ll Need a New Strategy

The government’s proposed plan would put serious emphasis on U.S.-based EV production, consumer rebates, expanding charging stations, and electrifying transit vehicles.

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FROM CAR AND DRIVER: Ford F-150 Lightning Pro Brings Electric Truck’s Capabilities to Work, Fleets

The truck’s futuristic features are making a strong case for both the consumer and commercial use of electric vehicles.

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FROM REUTERS: U.S. Chip Funding Could Result in Seven to 10 New Factories

Only 12% of the world’s semiconductors are produced in the U.S., but newly proposed legislation would dedicate $52 billion to expanding national chip manufacturing in the coming years.

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FROM AUTO REMARKETING: Manheim Used-Car Price Index Eclipses the 200 Mark in Mid-May

The wholesale price index is up 48% year over year. This massive jump is just another sign that the impacts of inventory constraints won’t be leveling out any time soon. 

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