Chip Shortage Hits Subaru’s FY Profits
Subaru FY2020 profits plunged by half as automaker grapples with the pandemic, microchip shortage and other factors.
Subaru FY2020 profits plunged by half as automaker grapples with the pandemic, microchip shortage and other factors.
Car segment gains ticked up slightly this past week (+1.25%) compared to the week prior (+1.17%).
RouteOne announces the elevation of Jeff Belanger to chief revenue officer and Amanda George to chief product officer.
Outsell launches new features for its Platform that recaptures sales defectors for dealerships and prioritizes customer communication for dealer groups.
Volkswagen AG forecasts operating return on sales at 5.5% to 7% for 2021, compared to a previous range of 5% to 6.5%.
The Black Book April Retention Index broke yet another record, reaching 152.4 points.
Data shows strength in dealers bidding and buying across physical locations, Simulcast, Manheim Express, Manheim.com and OVE.
The intent of the alliance is to give consumers more flexible choices when making vehicle purchase decisions.
Finance industry veteran brings decades of dealer-focused experience to the management role.
As the semiconductor shortage slashes vehicle production, rental car companies are taking extreme measures to bolster their fleets. The businesses are buying used vehicles at auction.
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