The world needs automotive advancements, too! This week, all-wheel drive might be on par for keeping the sedan market competitive, while 3D printing could be a hole-in-one for auto manufacturers.
FROM AUTOMOTIVE NEWS: Unsold Vehicles Hit Ten Year High in May
May’s 78-day supply was well over par as this time of year’s highest number of days on lot since 2009. Meanwhile, cars are below average with just a 69-day supply , while light trucks started the month with 81-days.
FROM DEALERSHIP NEWS: 5 Ways to Gear up for Summer Sales Success
As the stakes heat up, dealerships’ summer strategies should stay aligned with year-round best practices, like ensuring inventory pricing is on par with market standards and that the showroom is prepared for an influx of customers.
FROM BLOOMBERG: To Save the Dying Sedan, Automakers Steal Key Feature from SUVs
With 63.4% of market vehicles already offering the attractive feature, manufacturers are hoping all-wheel drive will be the hole-in-one needed to keep the sedan market in the same league as truck and SUV counterparts.
FROM AUTOMOTIVE WORLD: Automakers Eye Time and Cost Savings via 3D Printing
Teeing up the manufacturing technology could be one strategy to help OEMs turn hours of production time into minutes – as well as expand the possibilities for vehicle customization.