Toyota's Jack Hollis Expects 'One More Year' of Historically Tight Inventories

Dealership inventory levels will remain at or near record lows for at least another year before they begin to make any recovery of their unsold vehicles on hand, and may never return to previous levels that required sales incentives, said Jack Hollis, Toyota Motor North America's newly minted head of sales.

FTC Proposal on Saving Records ‘Extreme'

The Federal Trade Commission's proposed new regulations on dealership ads and F&I practices also would require a "dramatic" expansion in document retention by the industry.