automotive accessories store near me

Parts shortage, supply chain disruptions continue to affect new car production, parts availability; How OEMs are setting the pace

By Didi on August 6, 2024

The Associated Press reports that computer chip shortages as well as a lack of other automotive parts “continued to hobble” the US auto industry last year and contributed to an 8% drop in vehicle sales compared to 2021 — the lowest level in more than a decade . Automakers reported earlier this month that they sold 13.9 million cars, trucks, SUVs and vans in 2022 while parts shortage limited factory output amid high demand for new vehicles. It was the lowest sales number since 2011 when the economy was recovering from the Great Recession. Repairer Driven News asked several OEMs…

Pricing for Wholesale – The Winfooz Blog

By Didi on September 13, 2023

Managing inventory has traditionally been a time-consuming process for car dealers, but with the introduction of new technology, how you buy and sell your cars has changed forever. We know this, and we are here to help. There are two different ways to sell vehicles, retail and wholesale. Getting your price right when selling to either market is essential, getting it wrong and you either undervalue your stock or risk not selling it due to unrealistic pricing. There are significant differences auto dealers need to know about wholesale prices vs retail prices, but first, we must say that discussions on…

Toyota’s factory-installed accessories push could cost dealers

By on July 20, 2023

Toyota has been focusing on its accessories/customization business since 2017 and has seen those revenues more than double in that period, said Chris Nielsen, executive vice president of product support and chief quality officer for Toyota Motor North America. “I think we realized that we really weren’t doing everything we could to support the customers” and their desires for customization before the push began, Nielsen explained. “Most of the accessories that we develop are sold as dealer-installed options or were things that we would add to the vehicle, sometimes removing the OE parts and adding accessory parts at the end…