WardsAuto Dealer 5
 
WardsAuto Dealer 5
 

MARCH 8, 2023

Welcome to the Wednesday, March 8, 2023, edition of WardsAuto Dealer 5. As always, there's plenty of news about the auto sector. We've gathered some of the most notable stories from WardsAuto to ensure you are in the know.

1.

Car Dealership Staff Pitch in for UVeye

Fixed Ops staff from various dealerships explain the vehicle inspection system to NADA attendees.

Full article

Advertisement

2.

A Workforce Ready to Service, Repair BEVs and Autonomous Cars

The Boston Consulting Group says that in the next quarter century, EVs will offer U.S. automakers and suppliers opportunities for job growth and a market value hitting many trillions of dollars.

Full article

Advertisement

3.

Insurance Rates for BEVs May Fall – Unless They Don’t

There is more to the riddle of BEV insurance premiums than just the sticker price.

Full article

4.

Stellantis, Honda Investing in BEV Components Plants

Stellantis will invest $155 million in three Kokomo, IN, plants to produce new electric-drive modules that will help power future BEVs made in North America. Honda is building a battery plant in Ohio in a joint venture with LG Energy Solution.

Full article

5.

Chrysler Is the Golden Goose at Stellantis

Ford earned an 8.4% profit margin in North America in 2022, GM 10.1% and Chrysler, 16.4%. Tesla’s global operating margin was 16.7%. So, from a margin standpoint, Chrysler did about as well as Tesla, which is considered the gold standard for financial performance.

Full article

That’s our WardsAuto Dealer 5 for today. We’ll be back soon with more high fives.

As always, please feel free to pass this along to your colleagues and others who are interested in automotive insights. 

If you have questions, concerns or story ideas, please contact editor Nancy Dunham at NDunham@WardsAuto.com
Thanks for reading. We'll be back soon with more of the latest news.