WardsAuto Dealer 5
WardsAuto Dealer 5
 

DECEMBER 1, 2021

Hey there. Welcome to the WardsAuto Dealer 5 for Wednesday, Dec. 1. We've put together items from WardsAuto.com and across the Internet. So let's go:

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1.

Motorway Auction Platform Raises $190 Million With Index, ICONIQ Help

On Motorway, consumers can sell their car via a smartphone app that also uses computer vision to assess the car's condition. Dealerships then bid on the cars in daily online auctions, reports TechCrunch.

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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.

2.

Three’s the Charm for Nissan’s Latest VC-Turbo

We drive the ’22 Nissan Rogue featuring a variable-compression 1.5L 3-cyl. turbo, the latest application of the Japanese automaker’s award-winning technology that shifts the engine between high and low compression depending on demand.

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Have Them Coming to You
You can’t afford to wait around for the right vehicles. Despite record-low inventory levels, you can still attract transaction-ready shoppers with Kelley Blue Book® Instant Cash Offer. Provide a trusted redeemable offer to customers who are ready to sell or trade in their vehicles, and acquire the inventory you need.

3.

BMW's Exploding, Expanding Color Palette

One might wonder about the bold interior and exterior color choices for a number of BMW's newest high-performance machines. Sure, you can still get a black interior. But aren't these color combinations fun?

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4.

Texas Car Dealers Selling Cars Customers Can’t Drive

In Texas, car dealers are required to submit a title and registration application to the county tax office within 45 days of the date of sale. But some 455 days after Peyton Harden purchased a Hyundai Elantra from Carvana, the company still can’t provide the title, reports KPRC-2 in Houston.

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5.

SPACs: An Alternative for Auto Tech Suppliers to Go Public

Jeff Franklin, CEO of ATI, talks with GlobalAutoIndustry.com about special purpose acquisition companies, alternatives to IPOs and going public via a U.S. listing.

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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...