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Tuesday, 23 November 2021 20:53

Toyota Busts the Car Microchip Shortage

Written by Steven Symes, Motorious

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Unless you’ve been living in a cave or under a rock, you know for about a year automakers have been suffering from a shortage of microprocessor chips, necessary for a number of features.

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Opus IVS™ announced Subaru of America, Inc. has approved the DriveSafe™ and ScanSafe™ diagnostic tools for use within the Subaru Certified Collision Network.

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At a meeting Nov. 22, the COVID-19 Joint Task Force, comprised of the UAW, Ford, General Motors and Stellantis, has aligned on a policy of voluntary and confidential disclosure of vaccination status for UAW members.

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TrueCar, Inc. forecasts total new vehicle sales will reach 1,073,042 units in November, down 15% from a year ago and up 14% vs. October, when adjusted for the same number of selling days.

Tuesday, 23 November 2021 18:38

Blackstone-Backed Service King Flags Cash Crunch, Ability to Pay Debt

Written by Katherine Doherty and Rachel Butt, Bloomberg

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Auto repair company Service King has warned its lenders that dwindling cash is casting doubt on its ability to pay debt and continue as a going concern, according to people familiar with the closely held company’s most recent results.

Tuesday, 23 November 2021 18:30

Buckle Up: Thanksgiving Travel to Rebound Almost to Pre-Pandemic Levels

Written by Ellen Edmonds, AAA

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Airports and roads may seem jam-packed this year as AAA predicts 53.4 million people to travel for the Thanksgiving holiday, up 13% from 2020.