Chip Problem Continues to Lesser Degree
Report forecasts production cuts resulting from issue this year.
Report forecasts production cuts resulting from issue this year.
Report shows car loan amounts, down payments rising along with interest rates.
Company plans to showcase new ways to speed up cash flow at NADA 2023.
Early figures show about 10% drop, but there was a late-year surge.
NADA report shows business weakest in years.
The Detroit automaker sold 1.86 million vehicles in 2022, down from 1.91 million in 2021.
In the fourth quarter, Stellantis reported new vehicle sales declined 16% to 347,669 vehicles.
Lawsuit that sought to bar such sales in the state by Rivian, Lucid dismissed.
Chip shortage weighs on its sales more than some other competitors.
Also simplifies web address in effort to add to its ease of use.