Report: Supply Chain Disruptions Easing

According to a new study from the National Federation of Independent Business, supply chain disruptions are easing for small business owners, a Bloomberg report said. While 31% of owners reported that supply-chain disruptions have had a significant impact on their business and another 31% said the effect was moderate, that’s lower than in July and the… Continue reading Report: Supply Chain Disruptions Easing

KPI — October 2022: Recent Vehicle Recalls

2021-2022 Mercedes GLS SUVs Vehicles Affected: Approximately 60,000 Mercedes GLS full-size SUVs are being recalled. Affected models include 2021 AMG GLS63s and model-year 2020-2022 GLS450s and GLS580s. The Problem: The third-row seatback lock may not restrain occupants as intended, thereby increasing the risk of injury during a crash. The Fix: Dealers will inspect and replace… Continue reading KPI — October 2022: Recent Vehicle Recalls

Rail Union Rejects Deal, Renewing Strike Possibility

The third largest rail union, the Brotherhood of Maintenance of Way Employes Division, rejected its deal with freight railroads, renewing the possibility of a strike that could cripple the economy, according to CBS News. According to the report, both sides will return to the bargaining table in an attempt to renegotiate the contract that four… Continue reading Rail Union Rejects Deal, Renewing Strike Possibility

Report: Vehicle Inventory Improving, Demand Decreasing

Dealership inventory is finally starting to improve, but demand for new cars is expected to decrease as interest rates skyrocket, according to a new report from CNBC. New vehicle loan rates have risen by around 2%, according to the report, and comes at a time when many household budgets are already being squeezed by record… Continue reading Report: Vehicle Inventory Improving, Demand Decreasing

Supply Chain Struggles Impacting Electric Vehicle Adoption

A new white paper from Cox Automotive examines how supply chain challenges have impacted electric vehicle adoption, and how manufacturers are reacting to the barriers prohibiting quicker expansion of the EV segment. According to Cox Automotive Mobility, the white paper offers the company’s perspective on the following core themes: State of EV Adoption – Americans… Continue reading Supply Chain Struggles Impacting Electric Vehicle Adoption