CarMax's huge earnings miss could mean trouble ahead for new-car market
A deteriorating market for used vehicles — which sent CarMax Inc. shares tumbling Thursday — suggests trouble ahead for automakers.
Source: autoblog.com
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Car repair delays have dealerships, customers equally frustrated
The auto industry, like many others, is in the midst of a perfect storm of misfortunes.
Source: nny360.com
Car repair delays have dealerships, customers equally frustrated
The auto industry, like many others, is in the midst of a perfect storm of misfortunes. Customers are experiencing long wait times to get their cars serviced. The parts needed to service those cars ar...
Source: theday.com
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Headache in the auto industry: Repair delays caused by shortages have dealerships, customers equally frustrated
The auto industry was already dealing with a shortage of certified automotive technicians before the COVID-19 pandemic. Now add supply chain issues, and dealers and customers alike have a massive headache that spares no car manufacturer, car dealer or vehicle owner.
Source: dailypress.com
Car repair delays have dealerships, customers equally frustrated
Customers are experiencing long wait times to get their cars serviced. The parts needed to service those cars are on back order. And many dealerships don’t have adequate supplies of loaner cars to give because their supply of new and used cars is already strained.
Source: stripes.com