The trauma of the pandemic on North American supply chains may be ushering in a return to past business methods that are more expensive, but more reassuring.
Even before being tapped as the new leader of Hyundai Motor Group, Euisun Chung was a key mover in the push to modernize the company. His inaugural remarks last week showed where's he's heading.
Charles Royal Jr., dealer principal of Royal South Mazda-Volvo in Bloomington, Ind., and Brad Surian, executive vice president; The Florida Automobile Dealers Association; Juliana Terian, dealer principal of Rallye BMW in Westbury, N.Y.; George Criswell, dealer principal of Criswell Acura in Annapolis, Md.
Here is one takeaway from the recent Beijing Auto Show: Detroit's days in Asia are numbered unless it acts fast.
Public and private dealership groups paused work on expansions, renovations and new stores in the uncertain early days of the pandemic. Many restarted once confidence returned in the auto market.