WardsAuto Dealer 5
 
WardsAuto Dealer 5
 

DECEMBER 15, 2021

Hey there. Welcome to the WardsAuto Dealer 5 for Wednesday, Dec. 15. We've put together items from WardsAuto.com and across the Internet. So let's go:

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You drive. We’ll navigate
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1.

JIT Supply System Under Review, GM’s Barra Says

CEO Mary Barra opens the door to stockpiling critical parts due to a semiconductor shortage, and she doubts GM will go back to the level of inventory dealers had before the pandemic.

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While the average dealer is making $2,800 per used vehicle sold, ProfitTime dealers are doing EVEN BETTER. vAuto data from April to August 2021 shows that dealers highly aligned with ProfitTime’s recommendations are beating the average by 10%. Visit vAuto.com/Even-Better to see how ProfitTime can help you do EVEN BETTER.

2.

Carvana Facing Fines in Multiple States as Customers Await Titles, Tags

The problem stems from paperwork that’s apparently not getting done and it’s led to fines issued against Carvana in multiple states including California, Texas, Michigan, North Carolina and Florida, News4JAX reports.

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How the Chip Shortage is Impacting Car Buyer Behavior
The chip shortage has had major impacts on the automotive inventory, but just how disruptive to car buyer behavior? Consumer research compares shoppers’ attitudes when impacts were first realized to their buying behavior now that awareness is more widespread.

3.

Stellantis Says ‘STLA Brain’ Software Bolsters Vehicles by 2024

The automaker says it has 12 million monetizable connected cars globally. By 2026, this is expected to grow to 26 million vehicles and generate approximately €4 billion ($4.5 billion) in revenues, CEO Carlos Tavares says.

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4.

Tesla Charges Into Auto Insurance Market

Tesla CEO Elon Musk may be able to maneuver around the business world pretty well, but when it comes to challenges that are auto insurance-specific, there may be some hiccups along the way.

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5.

SMS Marketing 101 for Auto Dealers

Text is the only marketing channel with a 98% open rate. Join this Jan. 19 free webinar where experts from Podium will cover everything a business needs to get started using SMS Text messages for marketing.

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

And to reach the editor for whatever reason (i.e. comments, complaints, questions, directions), contact Tom Murphy at tmurphy@wardsauto.com

OK, finally... Forward this alert to dealership colleagues. The more in-the-know people at your place, the better it is. Over and out.

Now for the legal stuff...