As the U.S. economy slides, pickup trucks have proven to be of interest to consumers but some auto dealerships are worried they will run out of inventory due to an impending shortage. “Our biggest issue will be if we don’t get more inventory,” said Jerry Bill, General Sales Manager, Stew Hansen Chrysler Dodge Jeep Ram, which sells vehicles in Urbandale — a suburb of Iowa’s capital Des Moines. He expects to run out of popular models in June. (Source: Reuters) Read the original article…
Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.
Data from Equifax’s Canada Q3 Business Credit Trends Report may be of interest to dealers, especially those just starting out, as findings show newer Canadian businesses are driving significant growth in debt balances. The company said it sets a complex …
Uncertain times are having dealers wondering about their exit timing Many of us are looking forward to watching 2024 ride into the sunset. With eager anticipation, we are hoping to see a red sky followed by a year of dealer delight. …
Automotive industry players in Canada likely heaved a sigh of relief after the federal government announced trade talks between Canada and the United States will resume. Both parties are eyeing a deal by July 21. It was not Canada’s automotive …
Go Auto has acquired two new dealerships in Richmond, B.C.: Go Richmond Subaru (formerly Richmond Subaru) and Go Richmond Kia (formerly Kia Richmond). “These acquisitions further solidify our presence in the Greater Vancouver Area and align with our strategic goal …
California has been struggling with wildfires so intense it has prompted dealership closures, according to the National Automobile Dealers Association. The issue has been highlighted in the media for days as wildfires continue to spread and reach more populated areas. …
Talk Auto, the annual conference that brings the auto industry ecosystem together, delivered another solid event yesterday at the Universal Event Space in Vaughan, Ont. Organized by Canadian Black Book, the conference presents keynotes and panel sessions designed to share …