Ram adds to off-road lineup with RHO
The 540-hp pickup, scheduled to reach dealerships in the third quarter, adds to the brand's long lineage of speedy trucks......»»
VinFast adds 12 U.S. dealerships, including 5 in Florida and 4 in Texas
The Vietnamese automaker says it now has 18 stores across seven states. The new locations will start selling the VF 8 crossover and later receive the bigger VF 9 and smaller VF 7 models......»»
Whistleblower reveals 2023 CareGard cyberattack, says F&I company concealed it from partners
AFG Cos. was unprepared for a ransomware attack last summer, for months had been unsure of the extent of the breach, and as of early this month hadn't alerted automaker partners or the agents selling its coverage to dealerships, a whistleblower alleg.....»»
Former AFG exec reveals 2023 CareGard data breach, criticizes company"s response
AFG Cos. was unprepared for a ransomware attack last summer, for months had been unsure of the extent of the breach, and as of early this month hadn't alerted automaker partners or the agents selling its coverage to dealerships, a whistleblower alleg.....»»
Ford resumes shipping 2024 F-150 Lightning to dealers after 2-month delay
Ford had issued a stop-ship order for the top-selling electric pickup Feb. 9, shortly after the 2024 model started going out to dealerships in January......»»
New IRS e-filing rule for cash transactions in effect for dealers
Dealerships that file 10 or more of certain tax forms — such as W-2s and 1099s — had to do so electronically for the 2023 tax year. They also had to go digital with Form 8300, which retailers use to report large cash purchases......»»
Chevrolet, Toyota, Infiniti, Nissan and Hyundai dealerships change hands
Two transactions involved auto retailers ranked on Automotive News' list of the top 150 dealership groups based in the U.S......»»
Apply by April 19 to be considered for expanded Automotive News Best Dealerships To Work For
Apply by April 19 to be considered for Automotive News' expanded Best Dealerships To Work For program in 2024, with new categories and more winners......»»
2025 Mercedes EQS sedan gets beefier battery, updated grille
The 2025 Mercedes-Benz EQS sedan will arrive at U.S. dealerships in the second half of this year. Pricing was not disclosed......»»
Penske Automotive to buy Porsche dealerships in Australia
Penske Automotive Group Inc.'s planned acquisition of two Porsche stores near Melbourne, Australia, is expected to close in the second quarter......»»
BMW reveals new products, retail strategy at dealer meeting
BMW will use technology and data sharing with dealerships to improve the customer experience and drive loyalty and after-sales revenue......»»
Wolfe Automotive enters U.S., buys two Montana dealerships
Wolfe Automotive Group, of Calgary, Alberta, in Canada, has purchased its first two U.S. dealerships......»»
Dealerships owned by Ray Brandt trust sell to six buyers
Six groups and dealers purchased 13 dealerships and six collision centers owned by the Ray Brandt trust......»»
Gulf States Toyota names longtime exec Williamson as president
Gulf States Toyota, which distributes vehicles to 150-plus Toyota dealerships in five states, has named Eric Williamson as its new president. He succeeds Jeff Parent, who left last year to become COO of AutoNation......»»
Hyundai didn"t coerce former dealership to build standalone Genesis facility, Wisc. jury says
Hyundai Motor America didn't wrongfully coerce or attempt to coerce one of its former dealerships to provide an exclusive facility for its Genesis franchise, a federal jury in Wisconsin has found......»»
Credit unions plan to grow auto dealership relationships in 2024
Most credit unions expected to work more closely with car dealerships in 2024, and nearly all of them think such collaboration aids members, according to a Credit Union Leasing of America survey of that auto lending sector......»»
Survey: Dealerships lukewarm about EV service overall but see potential for increased retention, revenue
Nearly half of dealership executives and fixed ops leaders aren't overly enthused about integrating EV service into their shops. They're also not overwhelmingly positive about the overall future of EV service......»»
Mercedes-Benz electrifies the G-Wagen
The 2025 Mercedes-Benz G 550 and Mercedes-AMG G 63 arrive at U.S. dealerships in the second half of 2024......»»
Billionaire brothers Thomas and James Duff buy dealerships
Thomas and James Duff, second-generation owners of a tire-retail empire, are on Forbes' roster of the richest people in the world, each listed with $3 billion in net worth......»»
Study of car lenders shows AI could mitigate bias and open lending to marginalized customers
Lenders operating in indirect retail channels such as car dealerships could improve their profit margins by over a third by using artificial intelligence to support the retailers' salespeople rather than rely on salespeople alone to price loans at th.....»»