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A worker unloads a Hyundai vehicle off of a transporter truck at a car dealership in Richmond, California, in July 2021

What Chip Shortage? Hyundai Blazes a Hot Sales Streak

Car manufacturers are scrambling to meet consumer demand as the production of vehicles is forced to slow. In some cases, it has come to a halt periodically. The culprit is a shortage of semiconductor chips. Yet somehow Hyundai seems unscathed as the automaker's sales see a hot streak.
Car consigned at CNC

Almost 50 Say This Supercar Dealer Sold Their Cars and Kept All the Money

Dozens and dozens of consignees have prompted the California DMV and local police to open an investigation into CNC Motorcars in Upland, California. Claims of cars sold out from under owners, loan payoffs not being paid, no titles, missing cars, and more paint an ugly picture of what can go wrong trying to sell an exotic car.
The black steering wheel and instrumentation panel of a 2020 Ford Escape Hybrid compact crossover SUV

Ford Had a Difficult Time Selling Most of Its SUVs in 2020

If you’re looking for a great deal on a new SUV, stop by your local dealership and ask to see a 2020 model. There will probably be a pretty good selection of Ford SUVs. That’s because last year wreaked havoc on the auto industry during the nationwide shutdown due to the coronavirus pandemic. Ford had a …
A row of 2021 Toyota Sienna minivans at a dealership with new feature making them the perfect van for families

Car Sales Were Down in 2020, But Car Dealer Profits Soared

Businesses that sell products operate off of “supply and demand,” in that the shorter the supply, the higher the demand. Since cars are products, car dealerships are run the same way, which is why in the 2020 many car dealership profits soared, despite the fact that car sales were down.  Car dealers put “the squeeze” …