State of Automotive Inventory Fact Sheet

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800.801.0018 | info@automotiveMastermind.com ©2021 automotiveMastermind ® . All rights reserved. | A business unit of IHS Markit™ LEARN MORE automotiveMastermind.com As sales progressively cool and inventory constraints linger on amid diminished customer loyalty, now is the time to think about what sustainable success looks like. Look for opportunities to improve your processes across departments, including benchmarking and reporting to track your success. IHS Markit, June 2021 Semiconductor supply isn't forecasted to catch up with industry demand until late 2022, with some persisting into 2023. To get ahead of future opportunities, utilize marketing tools powered by predictive analytics to engage customers now who are predicted to return to market in early 2022. By pinpointing the customers who are likely to be interested in vehicles before they arrive on the lot, dealers are empowered to maximize their inventory turn for the long haul while driving customer loyalty. Does your dealership have the tools and insights it needs to navigate future business decisions? Contact us to learn more about how Mastermind can help.

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