OCTOBER 20, 2021

Hey there. Welcome to the WardsAuto Dealer 5 for Wednesday, Oct. 20. We've put together items from WardsAuto.com and across the Internet. So let's go:

You drive. We’ll navigate
With direct access to dedicated underwriter and Account Executive teams, customized F&I solutions and training courses, Ally provides the resources you need to help your dealership succeed.

U.S. Car Dealership Customers Ripe for Purchase Ordering?

“It’s a wild time,” says Marco Schnabl, CEO of automotiveMastermind, referring to vehicle demand seriously outpacing supply.

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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.

The Automotive Dealership Road to Digital Transformation

How is digital changing the way franchised dealers operate and what new revenue opportunities might arise from this transformation? We’d love to hear from you on how your dealership is evolving to meet shifting consumer expectations and where you see the best potential for growth in 2022 and beyond. Click the link below to fill out our brief survey. Results will be posted on WardsAuto later this year.

CLICK HERE TO TAKE SURVEY

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More Information Maximum Profit
With more detailed Condition Reports and hi-res images and video, you have what you need to make the most informed buying decisions. We put the power of information in your hands to give you the confidence to drive your profits higher. Because at Manheim, Our Mission Is Yours.

Dealerships Changing Hands at Record Rate

The question for dealership buyers and sellers is how long the current, favorable environment can last, with demand outpacing supply, record average transaction prices for new and used vehicles, and pent-up demand for parts and service.

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With Autotrader, you’re never on your own
No matter how big your lot is, what type of inventory you’re selling or what kind of auto buyers you want to target, our Autotrader Dealer Success Consultants are here to help you build the right business strategy to win in today’s market.

Stellantis, LG Form JV to Produce EV Batteries in North America

The joint venture between Stellantis NV and the Korean battery maker intends to break ground on a U.S. battery plant in the second quarter of 2022. A location is under review, and Stellantis declined to specify if it's in Michigan, The Detroit News reports.

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Hyundai’s Muñoz: Industry Woes Extend Beyond Chip Shortage

Logistical tie-ups are causing a lot of problems, says José Muñoz, president and CEO of Hyundai Motor North America. “These are driven by many factors. Some are general issues with COVID, which have caused shutdowns. It’s not only chips, but other components.”

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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...

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