FROM U.S. NEWS: There’s Nothing ‘Normal’ About Labor Day 2021
The end-of-summer holiday normally signals a return to routine, but this year’s long weekend hinted at decreases in travel, manufacturing output, and economic growth
FROM AUTOMOTIVE NEWS: Customers Lose Patience as Chip Crisis Shows No Signs of Letting Up
GM, Ford, and Toyota are among the OEMs pausing manufacturing at some point this month, further extending the months-long wait many customers are experiencing with their pre-ordered vehicles.
FROM AP NEWS: Until 2023? Parts Shortage Will Keep Auto Prices Sky-High
Microchips aren’t the only auto parts getting caught up in global production shutdowns. According to the latest assessments, it could take another year before dealers are able to rebuild 60-day inventory supplies and deflate vehicle prices.
FROM J.D. POWER: Here’s Why GM’s Electric Vehicle Push Is a Big Risk
Consumer buy-in remains the missing piece in the move toward electric. Major automakers have the technology and the designs to be successful – but do they have shopper demand?
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