Strained Dealer Inventories Tightening as Chip Shortage Lingers

An unexpected silver lining to the yearlong coronavirus crisis has been record profits for auto dealers, as consumer demand for heavily optioned crossovers and pickups keeps transaction prices and gross profits high. But, according to Automotive News, dark clouds are moving in again.

Automakers Notch Sales Bounce a Year After Covid-19 Onset

Bloomberg reports that automakers posted higher sales in the first quarter as General Motors Co., Toyota Motor Corp., and others benefited from strong demand for new cars and trucks in comparison with a year earlier, when the spread of Covid-19 shut showrooms.

Dell Technologies Partners with AIADA

Alexandria, Va. (April 1) – Dell Technologies has joined with the American International Automobile Dealers Association as an Affinity Partner, offering the membership an exclusive new benefit to help upgrade and improve their technology. The user-friendly program gives AIADA members discounts of 5-10 percent on purchases of Dell products – and those discounts are stackable with additional Dell promotions, which could allow AIADA dealers to save even more on their technology upgrades