Carzato Crew Steps Up to Support The Interstitial Cystitis Association On a beautiful March afternoon in Clearwater, Florida, Carzato team members and their families participated in the Step Up for IC/BPS (interstitial cystitis/bladder pain syndrome) Awareness Walk....
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Here’s How The Inventory Shortage is Affecting Dealerships
The pandemic brought many consequences that impacted everything from how we work to how we shop, seek healthcare, and do business. If you’re employed in the automotive industry then you have undoubtedly noticed production slowdowns in recent years. There have been...
Ford Starts Production of Its Electric F-150 Pick-Up
In April, Ford started production on the electric version of the F-150 pick-up truck, which has been the best-selling vehicle in the country for decades. Jim Farley, CEO of Ford, said the launch is a "big bet by the company.” It’s also a big step for the environment,...
5 Tips for Nurturing Used Car Prospects Even Amidst Slowing Demand
While used car sales boomed as a result of the chip shortage and high prices of new vehicles in the initial stages of the pandemic, reports show that used car demand is now decreasing. According to CNBC, the average time consumers spend looking for a used car has...
Demand for Used Cars Has Dropped Compared to Last Year, But Prices Remain High
Even though used car demand has dropped compared to a year ago, used car prices remain high. Just how much has used car demand slowed? Here’s how it breaks down for March 2021 according to CNBC: Sales of used cars less than 10 years old were down 27% year over year....
U.S. Sales Drop 17% in April 2022 As the Chip Shortage Continues
According to Automotive News, U.S. auto sales fell 17% last month. Sales also fell by double digits among the auto brands Toyota, Ford, Honda, Hyundai, and Kia. Analysts attribute the downturn to the ongoing chip shortage as well as other supply chain problems, which...
Interest in EV Grows Along with Gas Prices
According to a report by Kelley Blue Book, EV shopping has risen over the first quarter by 69% when gas prices started to rise. Since January, the national average for a gallon of gas has increased above $4, sparking more anxiety about inflation as well as interest in...
VW and Tesla Duke It Out for EV Supremacy
In the growing EV market, two leaders have emerged — VW and Tesla — and both are competing now in each other’s home market, an article from NBC News says. Only just last month, Tesla officially began production at its Berlin-based factory, located only an hour away...
Selling to Gen Z-ers: What Car Dealers and OEMs need to know
As Generation Z, born in the years 1997–2012, becomes of age — Gen Z-ers are currently 10 to 25 years old — it’s time for the automotive industry to take note of this particular group. How do Gen Z-ers differ from the generations that came before? Keep reading to...
States Get Go-Ahead to Build EV Charging Stations
It was announced in February 2022 that the federal administration is making $5 billion available to states over a five-year period to help build a nationwide electrical vehicle charging network, the LA Times reports. The funding comes as part of the Biden...