Toyota plans to keep lower inventories in future
Like every automaker, Toyota has been struggling to meet high new-vehicle demand as the industry's supply chain woes compound. The automaker had 17 days' worth of inventory on hand as...
The latest numbers on the automotive microchip shortage
European assembly plants were hammered by the ongoing microchip shortage last week, even as the rest of the world got a reprieve, according to the latest estimate by AutoForecast Solutions....
Larger, electrified Mazda’s drive a multipart growth plan
But now, Mazda the inchworm is coiling up for more than a caterpillarlike crawl. This year, it will attempt a big leap forward in a bid to remake the lineup...
GMC ad blitzes fuel surge in demand for Hummer EV
Beginning customer deliveries also helped propel reservations last quarter. GM delivered 100 Hummer pickups from December through March. Knowing the vehicle is available has heightened interest, and customers are taking...
How BMW pulled off a Q1 sales increase
A season of tight inventories across the industry is still tapping the brakes on sales growth for many.LMC Automotive and J.D. Power expect a U.S. light-vehicle sales total of 15.3...
NADA, National Urban League ready to move needle on diversity in auto retailing
The organizations also will put together the internship program to help promote career opportunities at franchised dealerships, such as positions in sales, service, finance and insurance, digital marketing or parts....
Acquisition of Veoneer’s Arriver ‘just the start’ for Qualcomm
Qualcomm Inc. last week closed on its acquisition of Swedish tech supplier Veoneer's Arriver software stack, giving the tech giant a larger foothold in the emerging mobility space. Don't expect...
Jeep keeps outdoorsy formula in marketing 4xe plug-in hybrid models
When electrification was on the horizon, Jeep knew exactly where to go with its message. The brand known for touting off-road excursions has stuck to an outdoorsy formula for its...
Auto suppliers Magna, Lear look to new Detroit plants, minority joint ventures for growth
Hester has been president of LM Manufacturing since 2019 and spent the past two decades in the C-suite of procurement and logistics provider Global Automotive Alliance. He will have a...
RocketTown Honda finds hybrid roles help lift customer satisfaction
Merry said it takes "much longer" to train a new employee for the hybrid role compared with a salesperson, and that person isn't fully developed for about a year. "There's...