7. When The Chips Are Down: Rising New Vehicle Inventories For 2023?

InteliChek Presents: The Multi-Point Inspection Podcast

Some promising numbers came out in January regarding rising new car inventories. Total U.S. supply of unsold new vehicles was at 1.80 million units at the end of December 2022. This was 715,000 units higher than at the end of December 2021. In this episode, we take a look at why this disruption in the supply chain happened and why it is taking so long to correct. I talk with Jeff Robinson at Allen Samuels Chrysler Dodge Jeep Ram Hyundai who has been in the auto industry since 1978 for some insights. Want to add strategic pricing to your marketing tool box? Go to InteliChek or call 877-827-7273 and ask about our InteliShare Series! InteliShare contains all of our promotional tools that you can use to promote your favorable prices, including our InteliAds, the printable flyers that you can show off in easel displays, InteliMedia, for your Digital Media Boards AND InteliWidgets, so you can show off price comparisons on your website and even let your customers schedule from the widget. InteliChek Links In Order Of Appearance Kevin Hunter The Homework Guy CarEdge ACV CEO (CNBC Television) Cox Automotive CNN Business Cox Automotive Economist Charlie Chesbrough CNBC-Why Tiny Microchips Are Crippling The Global Auto Industry & Driving Up Prices WXYZ-TV Detroit-Ukraine Invasion Affecting Auto Industry CNBC-Why Russia’s Invasion Of Ukraine Has Sent Automakers Scrambling Lean Manufacturing (EconClips) How Toyota Changed The Way We Make Things Why We Keep Running Out Of Things (The Guardian) Ford Teams Up With GlobalFoundries (Yahoo Finance) Hyundai To Start Producing Chips (Reuters) GM Teams Up With GlobalFoundries (WTEN News 10) Allen Samuels Chrysler Dodge Jeep Ram Hyundai Music: Soul Shifters-Get It EILOH-The Optimist Dr. Delight-Gonna Make It Today