Dealer optimism rides into Q1
Dealers responding to the latest Cox Automotive Dealer Sentiment Index survey rated the upcoming spring selling season the second-best market in the history of the survey......»»
Toyota dealer adds $2 million satellite for new battery plant workers
Toyota of Greensboro will open a new $2 million delivery and service center exclusively for 5,100 new employees of automaker's new N.C. battery plant......»»
Training Today Apple Watch app gains dynamic cycling workouts for more intentional rides
Training Today is a clever app that offers Apple Watch users a “readiness to train” score to help know when to rest, push, and more. Now the watchOS and iOS app have been updated with “dynamic cycling workouts” to train more intentionally on.....»»
First Black female Lexus dealer Ellenae Henry-Fairhurst dies
Henry-Fairhurst made her landmark purchase of an Infiniti dealership in 1999......»»
Accounting change drives down Cars Commerce Q1 net income
Cars Commerce's 2023 acquisition of D2C Media helped promote revenue gains, and price increases helped boost average revenue per dealer......»»
Soft EV demand bedevils public dealer groups in Q1
All six public retailers experienced challenges with electric vehicles, but also saw opportunities......»»
Minority dealer Julie Herrera expands IDEA Auto Group
City Limits Nissan is the first dealership Julie Herrera bought without the backing of her investor partner Cavender Auto Family of San Antonio......»»
Lithia: Driveway Finance has $2M loss in Q1, still on track for profitability in 2024
Lithia Q1 2024 earnings: Car dealer Lithia Motors Inc.'s developing captive finance company Driveway Finance Corp. lost $2 million during the first quarter, compared with a $21 million loss a year earlier......»»
Ridesourcing platforms thrive on socio-economic inequality, say researchers
Platforms that offer rides to passengers, such as Uber and DiDi, thrive on socio-economic inequality. By modeling the behavior of passengers and self-employed drivers, researchers of TU Delft simulated the market for ridesourcing platforms, evaluatin.....»»
Nature conservation works, and we"re getting better at it, says new study
To work in nature conservation is to battle a headwind of bad news. When the overwhelming picture indicates the natural world is in decline, is there any room for optimism? Well, our new global study has some good news: we provide the strongest evide.....»»
2 former dealership employees who started new marketing firm settle lawsuit
A Massachusetts dealership has settled a lawsuit that accused two former employees of breach of loyalty, misappropriation of trade secrets and other claims for setting up a competing dealer-to-dealer digital marketing agency......»»
Here are the 5 least expensive EVs in the first quarter
Each of the five least expensive EVs is less than $41,000 with automaker and dealer incentives, according to Cox Automotive data......»»
Dealer association ad voices concerns about how Scout, Sony Honda Mobility will sell vehicles
Dealers, associations and NADA have been sending inquiries to Scout Motors and Sony Honda Mobility on how the brands plan to sell vehicles but to no avail......»»
Fisker"s few dealers remain upbeat about the struggling EV brand
Phil Harrison, dealer principal of Fisker Indianapolis, said one client traveled from Colorado to pick up his Ocean crossover. ‘The feedback from Ocean customers has been overwhelmingly positive,' he said......»»
Dealer group employee killed in shooting at Kia store in South Carolina
A pregnant woman also was killed in a crash after the shooting as police looked for the suspect......»»
Stellantis consolidates 9 U.S. business centers to 6, lays off 30, in bid to boost dealer support
The automaker said the move will strengthen its dealer support as it begins launching electric vehicles in the U.S. this year......»»
Buyer of $717K Ford GT files lawsuit saying previous damage not disclosed
A Florida dealer in collectible vehicles and a buyer have accused a Canadian dealership of failing to disclose the 2006 Ford GT Heritage Edition purchased for $716,800 had been seriously damaged in a crash and restored......»»
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......»»
Acura ADX small crossover will launch this year
Acura confirmed the baby crossover's name at a dealer meeting last week, and it teased an electric three-row MDX......»»
Himiway C5 e-bike review: looks and rides like a motorcycle
The Himiway C5 looks, feels, and rides more like a small motorcycle than a regular e-bike......»»
Toyota dealership in Ariz. will pay $60,000 to settle claims it advertised deceptive prices
Arizona Attorney General Kris Mayes said the store's prices failed to include the full reconditioning fees the dealer charged and the cost of mandatory additions like exterior coating and door edge guards......»»