This Automotive News video series looked at innovation in automotive and explored how issues are shifting. Traditional automotive gamers which might be beneath steady stress to reduce costs, improve gas effectivity, scale back emissions, and become extra capital-efficient will feel the squeeze, possible resulting in shifting market positions within the evolving automotive and mobility industries, doubtlessly leading to consolidation or new types of partnerships among incumbent gamers.
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Dale Pollak, the chief vice president at Cox Automotive and the founding father of vAuto, wrote in a letter to dealers: “Right this moment’s large provide of wholesale inventory suggests supplies shall be even bigger within the months ahead.” And J.D Power is forecasting that wholesale costs for used vehicles will drop eight to 11 p.c and backside out in June.
From time-to-time Butler Auto Group will provide autos specials to make our inventory of already reasonably priced autos much more so. When you have been on the fence about driving house a new car, this might be the nudge in the correct route you need.