Tag: Lithia

By on June 29, 2020

Having already pulverized the dead horse of waning auto sales into a fine paste, we’ll now turn our focus on how it’s impacting employment among automotive retailers — squashing another pony.

Much of the information up until this point has been anecdotal and conditional to the North American response to COVID-19. Furloughs were rampant as the pandemic progressed and new safety rules seemed poised to cripple sales moving forward. There was an obvious general plight confronting automotive retailers, but we couldn’t nail down what that meant in terms of job losses.

We still don’t, frankly. But it is starting to become obvious that there isn’t much reason to be exceptionally optimistic. AutoNation recently announced that around half of the 7,000 workers it furloughed in April won’t be coming back. Despite some retailers claiming not to need such drastic cuts, plenty are following AutoNation’s model. With fewer customers and sweeping restrictions on how showrooms can be operated, there’s little reason for there to be all hands on deck. But just how many will be forced to abandon ship this year?  (Read More…)

Recent Comments

  • ToolGuy: Peak Automotive Industry = Probably Not Right Now
  • la834: > “the Bronco II’s main competition coming from General Motors via the S-10 Blazer and S-15 Jimmy....
  • ect: I acquired an ’87 Jeep Cherokee as a company car. It was head and shoulders above the Bronco II.
  • bd2: Kia could have done better if they had more inventory of models like the Telluride (which was vastly outsold by...
  • ect: Ditto, Tim. Reality is that, as I joke with my friends, it’s hard to tell what’s a weekday and...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Matthew Guy
  • Timothy Cain
  • Adam Tonge
  • Bozi Tatarevic
  • Chris Tonn
  • Corey Lewis
  • Mark Baruth
  • Ronnie Schreiber