It’s hard to get these automotive advancements off the brain. This week school yourself on the latest manufacturing megamergers, and learn why it’s smart for OEMs to take advantage of precision retailing. Plus, read up on October sales numbers.
FROM AUTOMOTIVE NEWS: Trucks Drive Honda, Hyundai to Oct. Gains; Toyota, Nissan Slip
Mixed October sales results across brands have analysts putting the SAAR between 16.9 and 17 million, with steady fleet sales making up for weaker retail demand. Record level incentives are also expected to combat this trend into the fourth quarter.
FROM DEALERSHIP NEWS: How OEMs Are Moving Specialized Inventory With Precision Retailing
According to LotLinx Founding Chairman and CEO, Len Short, OEMs can better manage their supply chains with precision retailing. Controlling inventory exposure helps dealers move incentivized and high volume units so that manufacturers can stick to their production schedule.
FROM THE WALL STREET JOURNAL: Megamergers Become a Possible Lifeline for Under-Pressure Car Industry
The merger between Fiat Chrysler and Peugeot could result in the world’s third largest manufacturer by sales. Combining resources and market share is the partnership’s attempt at staying competitive in the changing industry landscape.
FROM WARDSAUTO: Who Wants Self-Driving Vehicles? Survey: Not Many
Not everyone is as enthused as manufacturers about what self-operating technology means for the traditional driving experience. According to an ongoing J.D. Power poll, the current likelihood of people heading to the dealership for a fully autonomous vehicle is about a 36 on a scale of 1-to-100.
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