this post was submitted on 19 Dec 2023
65 points (100.0% liked)

Canada

7200 readers
300 users here now

What's going on Canada?



Communities


🍁 Meta


πŸ—ΊοΈ Provinces / Territories


πŸ™οΈ Cities / Local Communities


πŸ’ SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


πŸ’» Universities


πŸ’΅ Finance / Shopping


πŸ—£οΈ Politics


🍁 Social and Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


founded 3 years ago
MODERATORS
 

"New Kia cars are not being released to Ontario dealerships β€” and reportedly many more across the country β€” to sell. Instead, they’re being stored on this compound, 30 kilometres south of Kitchener, Ont. and allegedly on other similar compounds across Canada."

you are viewing a single comment's thread
view the rest of the comments
[–] autotldr@lemmings.world 4 points 11 months ago

This is the best summary I could come up with:


"All of you are gonna 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.

As Capicotto delivered the news, Kia employees on the conference call β€” their microphones muted β€” started to type comments in the chat box.

One Ontario Kia manager Go Public spoke to said the squeeze on car inventory right before the holidays is a tough financial burden for all kinds of staff at dealerships.

Franchise owners will, of course, make less money, he said, and sales staff heavily rely on commissions β€” which only materialize once a customer receives the vehicle and pays in full.

Then the pandemic hit and supply chain issues β€” such as a shortage of semiconductor chips β€” severely affected the availability of inventory for all car manufacturers.

Kia customers already endure some of the longest wait times in the industry, according to car expert Prymak, who called it a major problem.


The original article contains 1,241 words, the summary contains 166 words. Saved 87%. I'm a bot and I'm open source!