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Hey there. Welcome to the WardsAuto Dealer 5 for Wednesday, February 23. We've put together items from WardsAuto.com and across the Internet. So let's go:
Dealers charging high prices above MSRP across the board are creating national news and public backlash, and it’s not just the OEMs that are watching.
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Despite large gains in parts and service revenue, the recovery from the lows experienced in 2020 because of pandemic shutdowns continued to be slow for warranty work and for collision repair.
The move is part of GM's quest, which it outlined last October during its Investor Day, to reach $20 billion to $25 billion in revenue from its various subscription services by the end of the decade.
Local sellers say they feel the strain of less inventory — vehicles and parts — and do not know when the problem will ease.
That’s our WardsAuto Dealer 5 for today. We’ll be back soon with more high fives. 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...