LotLinx Weekly News Vol. 152: Calling Shotgun on Buyer Demand
FROM CAR AND DRIVER: Seat Foam Shortage Could Cut Car Production
After a series of production hits, OEMs are keeping a close eye on the foam shortage that could slow interior manufacturing in the weeks to come.
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FROM THE WALL STREET JOURNAL: Electric Vehicles Are the U.S. Auto Industry’s Future—if Dealers Can Figure Out How to Sell Them
Many dealers will only believe the media’s EV buzz when they see it on their lots. Battery-powered models only made up 2% of auto sales in 2020, leading nearly 20% of GM dealers to opt out of selling the models entirely.
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FROM AUTOMOTIVE NEWS: Dealer Optimism Rides Into Q1
After a surprisingly profitable 2020, dealer sentiments have risen for the third quarter in a row. However, pandemic pressures and unpredictable inventory levels continue to keep everyone on their toes.
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FROM WARDSAUTO: Digital Auto Retailing Wonderful, Not Magical
A recent study analyzes how aptly leading brands have implemented digital retailing on their sites. The consensus? Like all advancements, the tools are only as successful as the dealership teams manning them.
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