August 2022 Holding costs are what a dealership spends to hold unsold inventory, including storage space, labor, insurance, interest charges, and more. Can they vary? They sure can, thanks
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Keeping Eyes on the Chip Shortage — and Solutions
August 2022 Your team at the Virginia Automobile Dealers Association continues to monitor the chip shortage and its impact on Virginia dealers. This summer the U.S. Senate approved funding
Dealers Need Customer Experience Technology to Address Current Market Challenges
August 2022 Note: Digital Air Strike, a leading consumer engagement and customer experience (CX) technology and services company, has been selected by VADA to provide needed Customer Experience technology
Immediate Attention: EV Tax Credits
What are the new tax credits for EVs? VADA’s Anne Gambardella breaks it down. August 2022 This week, President Joe Biden signed the “Inflation Reduction Act,” a $750 billion tax-and-spend
GoEVVA.com: Senate Strikes Deal that Includes EV Tax Credits
The Senate has reached a deal on a broad $369 billion legislative package for climate and energy spending. The legislation means carmakers will be able to continue offering $7,500 in
A Cease and Desist Order for Every Dealer
July 18, 2022 By Michael G. Charapp Charapp & Weiss LLP The Federal Trade Commission has issued for comment a proposed trade regulation rule on motor vehicle sales. Although
Dealertrack: Keep cash flow moving
Reg and title solutions for saving money July 14, 2022 Surging consumer demand has recently led to record profits for dealerships despite the pandemic and chip shortages. However, we’ve
Cox Lowers Full-Year New-Vehicle Sales Forecast
Persistent Supply Problems Continue to Hold Back Auto Industry June 28, 2022 June U.S. new-vehicle sales are expected to show a market still constrained by a lack of supply and
Energizing Opportunities
Cox Automotive Battery Expert Outlines Evolving EV Market June 20, 2022 By Jeff Kelley for VADA.com Complex and dynamic variables are impacting the electric-vehicle market, but one thing is certain:
Leading from the front: Retail auto pros talk protecting the franchise system
June 20, 2022 By Jeff Kelley for VADA.com The franchise system is under attack, but if dealers focus on ensuring a great and easy buying experience — and giving flexibility to