GM Is Paying Dealers Thousands To Pick Up Inventory Themselves General Motors has a new plan for getting dealers their inventory: Come pick it up yourselves. Thousands of retailers have reportedly been frustrated by logistical bottlenecks and slow-moving new vehicle shipments from factories, so now GM is paying dealers up to $1,050 for each vehicle they pick up from four of its… Read more…

Tool to distribute Social Media postings to dealers for their channel Hello everyone, I am looking for an online tool to distribute prepared social media postings (image/videos and posting text) to our dealers. The goal ist, that they can easily use that content and publish that on their channels. Any ideas? submitted by /u/moovoos

Dealers Are Turning Away EV Inventory: Report America’s major manufacturers have made it clear that electric vehicles haven’t been as profitable as hoped. Ford has stated they expected to lose $4.5 billion on their electric vehicle divisions this year. Detroit’s automakers knew that they were going to lose money in these early years of production, just not that… Read more…

The Chevy Blazer EV Heads To Dealers With A Steep Price Hike Automakers and the government would love if people were breaking down the doors of dealerships to buy EVs. The reality though is that they still cost too much. There’s plenty for sale now, but it’s only because sales have slowed, mostly because, again, they cost too much. While there are more EV models coming, don’t… Read more…

Two Ford Dealers Sold Custom-Ordered Mavericks And Claimed It Was A ‘Mistake’ With inventories low during the height of the pandemic and hot new models from manufacturers like Kia and Ford attracting a lot of interest, custom factory ordering became a mighty huge thing. If something you wanted wasn’t on the lot or going to be on the lot anytime soon, why not order exactly what you wanted? But… Read more…

Dealers Now Have Nearly Two Million New Cars Sitting On Their Lots New-vehicle inventory at dealers in the U.S. is continuing its slow and steady climb upward as production around the world recovers following the brunt of the pandemic. According to Automotive News, that trend was no different in June, and unsold electric vehicles are a big reason why. Read more…

Ford Dealers Can’t Move All The Mustang Mach-Es They Have For Sale The new hotness that was EVs has seemed to start cooling off. Models that once had buyers beating down the door of the dealership have now seen sales numbers slide and discounts rise, just as inventories for many models have started to climb. And while this isn’t something that’s specific to just one automaker, some… Read more…

Used Cars Keep Getting Cheaper For Dealers, Not So Much For You Last month, the average price of vehicles sold at Manheim’s wholesale auctions was 10.3 percent lower than it had been in June 2022. After three consecutive months of falling prices, analysts are starting believe the used car market is set to stabilize. That’s the good news. Read more…

Here Is How Some Dealers Are Hiding Their Markups Over MSRP There are signs that this bonkers car market is improving and while some brands are using incentives to make prices a bit more palpable what people are actually paying is another story. Right now most dealers know that advertised prices over MSRP isn’t the best move, so some stores are just moving these markups to a… Read more…