Tag: Automobile dealing
New auto sales, prices rise as chip shortage cuts US supply
U.S. consumers continued to spend wildly on new automobiles in the second quarter, pushing sales up 50.2% over last year despite tight dealer inventories...
Ford CEO: Electric vehicle demand will transform industry
DEARBORN, Mich. — A new electric version of Ford's immensely popular F-150 pickup truck might just be the catalyst that hastens America's transition from...
As chip shortage goes on, cars are scarce and prices are up
DETROIT — For the next few months, Charlie Gilchrist figures his 11 car dealerships in the Dallas-Fort Worth area will sell just about every...
