With production slowed, dealer inventories shrank. Now, as the chip shortage has persisted, the shortage of new vehicles has worsened, and analysts foresee no return to normal before next year.
WASHINGTON (AP) — The Supreme Court ruled Monday that car dealerships’ service advisers, like car salesmen and mechanics, are exempt under federal law from overtime pay requirements. The court ruled 5-4 that service advisers, who greet customers and propose various repair services, are salespeople. The case affects the more than 18,000 dealerships nationwide. Together, they […]