Supply chain issues and chip shortage A disruption in the supply of computer chips used to build new vehicles has cascaded into slowing supplies of new cars and, in turn, increasing demand for used cars. Pittsburgh dealers — like those across the country — have been dodging and …
April Market Trend Analysis
Top 10 Global Automotive Trends in 2021In 2018 and 2019, the automotive industry reeled from shrinking economic activity, rising competition, slowdown in BRIC economies, and tightening lending norms that dampened global demand. Then came the disruption of COVID-19 lockdowns in the first half of …
February Market Trend Analysis
Automotive Ecommerce and the 2021 Economy Growing during an economic downturn means adapting to new consumer trends, particularly in ecommerce and the automotive industry is no different. They’ve moved onto some interesting tactics to keep sales high and reduce the financial impact of the COVID-19 …