During the pandemic, the automotive industry faced many challenges. However, with improving supply issues and inflation beginning to steady, the tide may be turning for automakers, dealers, and consumers.
Last month was record-breaking for Hyundai Motor America. March sales were up 27% in comparison to this same time last year.
The vehicles assembled here in Montgomery at Hyundai Motor Manufacturing of Alabama represent about 50% of the US market.“In the pandemic period, because of lack of availability as semiconductor components, we weren’t able to build that volume of vehicles that really needed to be in the marketplace. That has seemed to have subsided right now, so that’s translated into better availability at our dealerships,” Burns.
Over at Reinhardt Lexus in Montgomery, General Sales Manager Dan Knotts says they are also coming off of a best-ever March. Over the last three years, they attribute their success to how they adapted to the challenges. Knotts says new tools like Lexus Monogram allow customers to complete the entire car purchase online.
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