WardsAuto Dealer Edition
 
WardsAuto Dealer Edition

APRIL 28, 2023

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Busy Days in Hyundai and Kia Dealers Service Bays

New software upgrades designed to stall high theft rates.

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Fixed Ops Boosts F&I Profits as Car Profits Dip

AutoNation’s average gross profit per new vehicle is down 15% vs. the same quarter a year ago.

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Sourcing Automotive Semiconductors: An Update on the Ongoing Chip Shortage
Established distributors should offer trustworthy market intel and certified quality assurance. Learn more about the latest trends affecting automotive parts.

Auto Tech Startup Funding Surviving Financial Downturns

Dealership groups still find funding, says Quin Garcia of Autotech Ventures.

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Vehicle Prices Drop

“Dealers simply don’t have the pricing power they did six months ago,” says Kelley Blue Book’s Rebecca Rydzewski.

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A Loophole Big Enough to Drive an EV Through?

The new Treasury Department rules exclude most EVs and PHEVs from the full $7,500 new-vehicle tax credit, but the department has ruled that all commercially leased EVs and PHEVs qualify for the $7,500 tax credit for the lessor.

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