The NADA Show is back with an in-person event this year in Las Vegas. So far EVs, hiring and dealer sentiment have been key topics for discussion.
Follow this live blog for regular updates from day three of the show:
Cadillac will keep its eye on ICE demand
Cadillac plans to go all-electric, but it will monitor electric vehicle margins and customer demand for internal combustion vehicles along the way, executives told dealers at the make meeting Saturday.
With no inventory, Subaru works on branding
After living with limited vehicle inventories for more than a decade, Subaru dealers learned they’re going to have to continue living in that world for the foreseeable future — even as the brand expands its lineup with Wilderness trims and adds its first battery-electric vehicle, the Solterra.
At their make meeting Saturday, dealers heard Subaru of America CEO Tom Doll detail how Subaru is using the inventory crisis to build up the brand.
Good to be back
After last year’s virtual show, dealers in Las Vegas make the most of being together again.
Buyers waiting for ordered vehicles want more from the dealership
Consumers have become more willing during the ongoing inventory shortage to place an order for a vehicle, put down a deposit and wait for their car or truck to be built and delivered.
But a study suggests that dealerships could be better at keeping consumers informed about the delivery process and timeline.
Thinking like an investor can help car dealers buy stores
As U.S. dealerships continue to change hands swiftly, one buy-sell expert has advice for dealers looking to acquire: It helps to have a change in mindset.
Erin Kerrigan on the red-hot buy-sell market
A ‘captive-like’ finance option for car dealers?
Software provider Solera Holdings has created a “captive-like” finance option it says would put franchised dealerships on the same footing as “the most prominent used-car disrupters.”
Tough times hiring, retaining workers could persist
In this current stressed-out environment, the future of work is — in one word — short.
And it is short in multiple ways, said Justin LaBorde, senior vice president at Kantar, a consulting firm that performs and compiles research regarding consumer and employee attitudes and behavior. Data on work attitudes could spell trouble for the auto industry.
Cox Automotive’s Jonathan Smoke: Dealers’ optimism is ‘rightly placed’
Online retailing keeps paying benefits for Asbury Automotive
Last year, amid the pandemic, 16 percent of auto purchases were made completely online, compared with just 1 percent of new-vehicle purchases three years ago, and that number could rise to as much as 50 percent by 2025, argues Miran Maric, chief marketing officer for Asbury Automotive Group.
