Day: May 15, 2021

Car shopping isn’t likely to get easier, as chip shortages deplete auto dealers’ lots

For the next few months, Charlie Gilchrist figures his 11 car dealerships in Dallas-Fort Worth will sell just about every new vehicle they can get from the factories — and at increased prices.

In normal times, that would be cause for joy. Not so much now.

A global shortage of computer chips has forced automakers to slash production. The result has been far fewer vehicles on dealer lots, just as the waning pandemic has fueled pent-up consumer demand for cars, trucks and SUVs.

With shrunken supply and robust demand, dealers like Gilchrist could sell many more cars and trucks, if only they had more. Even at elevated prices — the average new-vehicle sales price tops $40,000, up nearly 10% in two years — customer demand exceeds supply.

“It’s pretty evident when you pull onto our lots that there’s not much selection,” said Gilchrist, whose lots carry brands ranging from General

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Eau Claire Police Department teams up with automotive service to deter catalytic converter theft

EAU CLAIRE, Wis. (WEAU) – The Eau Claire Police Department and Victory Automotive have teamed up to prevent catalytic converter theft at zero cost to the public.

Two stripes of high heat paints will be painted onto your catalytic converter to deter a thief from stealing the device. The service will be free of charge on May 22 from 10 a.m. to 2 p.m. at Victory Automotive on Hamilton Avenue in Eau Claire.

Police and Victory Automotive say this will not damage your car or the health of those inside the vehicle. A minor smell can be expected for a day or two.

The University of Wisconsin- Stout and the City of Eau Claire have had recent cases of catalytic converter thefts.

The Eau Claire Police Department is partnering with Victory Automotive Service and local salvage yards to help prevent…

Posted by Eau Claire Police Department on Friday, May 14,

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Car Scores

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6 Car Brands Planning to Go Electric by 2030 – gearpatrol.com

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What’s The Difference Between Business And Finance Levels

The URI finance undergraduate diploma program is a recognized CFA-affiliated program, a distinction held by only a handful of colleges. The finance main at Lake Forest prepares college students for careers across the broad and diverse monetary providers industry including investment administration, buying and selling, corporate finance, business and funding banking, insurance coverage and threat management. While accounting tracks and organizes your organization’s monetary info, business finance uses this info that will help you manage your money and make your operation extra worthwhile. Business finance consists of studying financial statements and connecting the dots between your profit and loss, balance sheet and money move statements. If these paperwork level to a shortage of capital, business finance additionally supplies the instruments to plan strategies for bridging the hole.

Working in workplaces often near top managers and with departments that develop the financial data these managers need, financial managers usually have direct … Read More