WardsAuto Dealer 5
 
WardsAuto Dealer 5
 

DECEMBER 5, 2022

Welcome to the Monday, December 5, 2022, of WardsAuto Dealer 5. As always, there's plenty of news about the auto sector. We've gathered some of the most notable stories from WardsAuto to ensure you are in the know as you start your week.

1.

Why Chicago Fed Believes Chip Crisis Not Close to End

Kristin Dziczek, Chicago Fed automotive policy advisor, sees more chips per vehicle, mature technology reliance, uncertainty regarding long-term needs and mismatches between product lifecycles as reasons for the ongoing automotive chip shortage.

Full article

2.

Honda Dreams Onward With Week’s Most-Seen TV Auto Ad

The NFL and college football helped drive the impressions for “Dream Onward,” according to iSpot.tv.

Full article

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3.

Toyota Prepping Grand Highlander Large CUV

Toyota describes the Grand Highlander as being as “equipped for family adventures” and “the ultimate road-trip vehicle,” implying it will be roomier than the existing Highlander introduced in October and slot between that CUV and the Sequoia fullsize SUV.

Full article

4.

General Motors Fortifies EV Battery Supply-Chain Links

A subsidiary of mining company Vale will supply battery-grade nickel sulfate for use in GM’s Ultium battery cathodes, which will power a range of battery-electric vehicles.

Full article

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Going to NADA Show 2023?
In this video, Jessica Stafford shares a preview of the innovations and new digital marketing tools Autotrader will be launching at NADA Show 2023 to help dealers reach further, close faster and profit more. See what's new for 2023

5.

Smart Dealers Know Today’s Customer Calls Shots

A customer ready to buy should be treated differently than someone who is at the beginning of the process. To improve the customer experience, dealers must learn how to meet customers where they are.

Full article

That’s our WardsAuto Dealer 5 for today. We’ll be back soon with more high fives.

As always, please feel free to pass this along to your colleagues and others who are interested in automotive insights. 

If you have questions, concerns or story ideas, please contact editor Nancy Dunham at NDunham@Wards.com

Thanks for reading. We'll be back soon with more of the latest news.