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Is your new car on a storage compound? Inside Kia’s scheme to deliberately withhold deliveries

New Kia vehicles that have arrived from overseas are sitting on a storage lot in Wolverton, Ont., purposely locked up even though customers have been waiting months and months — some well over a year — to get their vehicles.

The new cars are being held from Kia’s Ontario dealerships — and reportedly from many more across the country — as part of a controversial plan by Kia Canada to game the number of sales in the last six weeks of the year.

Go Public has obtained a video in which a Kia regional manager explains the scheme — passed down from top Kia executives — to more than 100 dealership reps in Ontario during a Nov. 17 video calls.

“All of you are going to be very unhappy with me today,” said Kia’s central region manager Vince Capicotto as he outlined the plan, which he said would roll out nationally.

Instead of shipping all the vehicles to dealerships, Capicotto told the dealers only some will be released — the rest will remain on various compounds until the new year.

The reason for this, he explained in the call, was to avoid appearing too successful in the eyes of headquarters

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Car values ​​increase along with demand for used vehicles & average years on the road

NEW YORK — Consumers often hear a car loses its value once you drive it off the lot, but that may not be the case anymore.

The automotive research firm Black Book found cars are now holding on to about 10% more of their value after three years than they were during the pandemic.

“Everybody was expecting a big drop, a shatter, an explosion, values ​​to drop when supply came back. Totally didn’t happen,” Shane Sutherland, who owns the used car dealership Northport Motors, told CBS New York’s John Dias.

Sutherland told Dias his company Northport Motors grew tenfold during and shortly after the COVID pandemic, and the business is still profitable.

“We are constantly selling vehicles with 80-100,000 miles that are providing excellent value for customers,” said Sutherland.

According to data from S&P Global Mobility, the average age of a passenger vehicle is up three months compared to last year — now on the road for a record 12.5 years — and it’s common to see some people driving cars 20 years or older.

“Your used car is worth that much more at trade-in or to sell it on the open market. But it’s a bad thing for people

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Chevy resumes Blazer EV sales, cuts prices

Chevy resumes Blazer EV sales, cuts prices | Automotive News

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1 min read

Independent Auto Repairers, Automakers Strike Major Right to Repair Pact

Organizations representing the country’s independent automotive repairers, collision repair experts and leading automakers have signed a landmark agreement on automotive right to repair.

The commitment among the Automotive Service Association (ASA), the Society of Collision Repair Specialists (SCRS) and Alliance for Automotive Innovation (AAI) affirms a 2014 national agreement on automotive right to repair, stating unequivocally that “independent repair facilities shall have access to the same diagnostic and repair information that auto manufacturers make available to authorized dealer networks.”

In a letter to Congress outlining this major automotive right to repair development, the coalition of repairers and automakers wrote: “This commitment was created with our mutual and valued customers in mind: vehicle owners. It affirms that consumers deserve access to safe and proper repairs throughout a vehicle’s lifecycle [and] it is built to last because it anticipates changes in automotive technologies and market evolutions.”

Highlights of the New Automotive Right to Repair Agreement

Access to diagnostic and repair information: Independent repair facilities shall continue to have access to the same diagnostic and repair information that auto manufacturers make available to authorized dealer networks. This applies to:

  • Telematics data needed to diagnose and repair a vehicle if not otherwise available
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Automakers may develop the ability to shut down your car

Automakers may develop the ability to shut down your car | Automotive News

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Why a car parts crisis is costing customers time and money

“The car is on a PCP [personal contract purchase] and we’re still paying for it,” she says. “Apparently, nobody can get hold of this part. And until they can, the car is off the road. The car is now SORNed because I can’t MOT it, I can’t tax it, so I’m kind of stuck, really.

This is not a problem unique to the dealership in question, either. Becky continued: “We originally bought the car at Salisbury Audi, because we’ve got a friend who works there, and they happened to call me a couple of days ago to talk about the possibility of us taking out another PCP on another car. I explained what was happening with my current car, and that it was still stuck in Watford with no sign of the part on the horizon. So they then also tried to source the part, and they couldn’t, either.

“The guy at Salisbury told me that while cars have been holding a lot of value recently, because new cars weren’t coming through quickly enough, they’re now starting to depreciate, so my car is effectively just sitting there losing value, when there’s a dealership that wants to take it off my

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