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3 Steps to Proactively Prevent Customer Lease Buybacks

Automotive Mastermind

While the automotive industry has encountered numerous disruptions in recent years, the current market is presenting entirely new challenges and opportunities for auto dealers, even as inventory levels begin to normalize. The long-term financial implications of customer buying habits shifting are huge for dealers.

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Inventory Shortages: 3 Myths Dealers Need to Know

Automotive Mastermind

When will new vehicle inventories normalize Despite the near-term production challenges, IHS Markit’s latest reports demonstrate the declines are slowing. Heading into Q4, IHS Markit estimates 7.4 million units of global light vehicle production have already been lost this year. In October, IHS Markit adjusted its 2021 forecast by just -1.3%