MARCH 22, 2023

Welcome to the Wednesday, March 22, 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.

Dealers’ High Profits, Strong Demand Expected to Sink

“You can’t have rising inflation and rising interest rates and rising car prices indefinitely. One of these is going to snap,” says iSeeCars’ Karl Brauer.

Full article

Lamborghini Sales Momentum Accelerating Globally

The Urus CUV accounted for about 58% of worldwide Lamborghini production in 2022, followed by the now-discontinued Huracán (35%) and Aventador (6.7%).

Full article

Global leader for connected car & IOT technologies
SVR Tracking provides leading edge technology and telematics customizable for auto retail new & used, BHPH, financing/leasing, insurance and specialty vehicles like ATVs, motorcycles, construction equipment, etc. Constantly innovating, SVR provides scalable platforms and advanced level of customer service often working through key partner distributors that ‘white-brand’ and custom the solutions.

Dealership Network Holds Steady Despite New-Car Sales Dip

Low inventory and high demand have driven transaction prices to near-record highs.

Full article

Audi Confirms Plans for 20 New Models by 2025

Audi plans to offer an electric vehicle in each of its core segments by 2027, CEO Markus Duesmann says.

Full article

Smartphone Maker Xiaomi Launching BEV in 2024

The world’s third-largest smartphone manufacturer readies for entry into the automotive ranks.

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.

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