Tue, 07/27/2021 - 7:07pm
A nearly empty lot for staging new cars is seen outside Kendall Toyota of Anchorage July 23. A microship shortage reducing new car inventory has sent used vehicle prices soaring by 47 percent in Alaska. (Photo/Emily Mesner/Anchorage Daily News)
The global slowdown in auto manufacturing has left many showroom floors and car lots in Alaska nearly empty.
Auto dealers say the situation follows a national trend that has boosted demand for used cars and trucks, causing prices of those vehicles to skyrocket.
They say the problem is unprecedented, and rooted in pandemic-related supply snarls that reduced the availability of microchips and other parts for new cars.
Dealers Auto Auction Group expands to Carolinas; fills leadership posts
In addition to its expansion to Columbia, S.C., and hiring Matt Laughridge as its GM there, Dealers Auto Auction Group also hired Harold Chapman (pictured here) to its leadership team. Photo courtesy of DAAG. Thursday, Apr. 29, 2021, 02:02 PM By Auto Remarketing Staff FRANKLIN, Tenn. -
Dealers Auto Auction will add a new auction in Columbia, S.C., marking its first location in the Carolinas, and Matt Laughridge will serve as the auction’s general manager.
The new Dealers Auto Auction of Columbia will be the eighth auction for the group.