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Nutson’s Weekly Auto News Wrap-up – Aug 29


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AUTO CENTRAL CHICAGO – Septrmber 5, 2021: Every Sunday Larry Nutson, The Chicago Car Guy and Executive Producer, with able assistance from senior editor Thom Cannell from The Auto Channel Michigan Bureau, compile The Auto Channel’s
“take” on this past week’s automotive news, condensed into easy to digest news Nuggets.

LEARN MORE: Links to full versions of today’s news nuggets along with a million pages of the past 25 year’s automotive news, articles, reviews and archived stories residing in
The Auto Channel Automotive News Library can be found by just copying and then inserting the main headline into the News Library Search Box.

Nutson’s Automotive News Wrap-up – Week Ending September 4, 2021; Below are the past week’s important, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as
expertly crafted easy-to-digest news nuggets.

* U.S. vehicle sales cratered in August owing to the persistent microchip shortage,

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INDIANA IN-DEPTH: Chip shortage puts news, used vehicles in high demand | Across Indiana

Currently in the market for a new or used car? If so, be prepared for some sticker shock, at least for the foreseeable future.

According to the analysts at automotive resource company Edmunds, new car inventories have been strained for months due primarily to a combination of global semiconductor chip shortages and supply chain disruptions connected to the COVID-19 pandemic.

After digging into the potential impacts of those factors, the company recently reported that new vehicle inventory at dealerships nationwide was down by 48% this spring compared to a year ago, with inventories continuing to fall in the summer. And while the company does predict that new car inventories will begin to steadily rebuild beginning in September, the anticipation is that inventories will remain well below their pre-pandemic levels through 2022.

“New vehicles — particularly new trucks and SUVs — are basically the 2021 equivalent of toilet paper and

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Karma Automotive Named “Official Luxury Vehicle of the Las Vegas Raiders and Allegiant Stadium” | News

IRVINE, Calif., Sept. 1, 2021 /PRNewswire/ — Karma Automotive and the Las Vegas Raiders announced today that Karma has been named the “Official Luxury Vehicle of the Las Vegas Raiders and Allegiant Stadium.”

“As one of the most prestigious franchises in not just all of professional football, but the world, the Raiders and Allegiant Stadium are an ideal partner for Karma,” said Karma Automotive CEO Dr. Lance Zhou. “The loyalty and devotion exhibited by the team’s die-hard fans is reminiscent of the excitement we receive from Karma enthusiasts.”

Karma will sponsor a variety of consumer-driven experiences and events geared to the Raiders’ loyal fans — offering them the opportunity to enjoy and interact with Karma like never before.

“We welcome Karma Automotive as the ‘Official Luxury Vehicle of the Las Vegas Raiders and Allegiant Stadium’ and are pleased to feature their products for Raider Nation,” said Raiders President,

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Nutson Weekly Auto News Wrap-up August 22-28, 2021


PHOTO

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AUTO CENTRAL CHICAGO – August 29, 2021: Every Sunday Larry Nutson, The Chicago Car Guy and Executive Producer, with able assistance from senior editor Thom Cannell from The Auto Channel Michigan Bureau, compile The Auto Channel’s
“take” on this past week’s automotive news, condensed into easy to digest news Nuggets.

LEARN MORE: Links to full versions of today’s news nuggets along with a million pages of the past 25 year’s automotive news, articles, reviews and archived stories residing in
The Auto Channel Automotive News Library can be found by just copying and then inserting the main headline into the News Library Search Box.

Nutson’s Automotive News Wrap-up – Week Ending August 28, 2021; Below are the past week’s important, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as
expertly crafted easy-to-digest news nuggets.

* Cox Automotive Forecast: In August, new light-vehicle sales in the U.S. are

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