Dealer outlook cools on acquisitions
Nearly half of dealers plan to buy one or more dealerships in the next 12 months, while only 2 percent expect to sell in that time frame, according to a survey by Kerrigan Advisors......»»
How to back up emails in Outlook on Windows and Mac
Create a backup of your emails for safekeeping when you’re troubleshooting a problem or if you get a new computer. Here’s how to back up emails in Outlook......»»
Honda to trim U.S. dealer profit margins
The company is also making some reductions and changes in marketing, advertising and service payments as it adjusts spending for the shift to electric vehicles......»»
Former auto dealer Bernie Moreno, with Trump support, wins GOP U.S. Senate primary in Ohio
Moreno said at his victory party that he had spoken with Donald Trump and thanked him for his support......»»
Holman nearly doubles auto retail business with Leith Automotive megadeal
The transaction closed this week and nearly doubles Holman's auto retail business. It's the latest in a slew of large dealership group acquisitions......»»
New baseline food and agricultural outlook report
Farm commodity prices have tumbled from the peak levels they rose to during spring 2022—and new projections suggest that downward pressure on prices could continue throughout 2024 and beyond......»»
Franchised used-car dealer sentiment lowest since pandemic, Cox survey shows
Franchised and independent dealers also reported year over year growth or stability in used-car inventory mix, Cox Automotive's latest Dealer Sentiment Index says......»»
Honda Canada to slash dealer margins by up to 44%, several dealers say
Honda Canada would not confirm the details nor address questions about the changes to margin for its close to 250 dealers across the country. In a statement, the company said it does not “share the details of our business relationship with our deal.....»»
Franchised dealer sentiment lowest since pandemic, Cox survey shows
Franchised and independent dealers also reported year over year growth or stability in used-car inventory mix, Cox Automotive's latest Dealer Sentiment Index says......»»
‘Trust, but verify" helps dealer group cut customers" service wait times
Auto Services Unlimited's low-cost auditing practice has cut wait times significantly and is scalable, the chain's fixed operations director says......»»
VW ID Buzz output to remain in Germany
U.S. pricing on the ID Buzz has not been finalized but will be key for dealer and VW profitability......»»
Farley, top Ford execs hit road to hear dealers" concerns
The tour comes as dealer trust levels within Ford have plummeted as the company faces continued quality woes and questions over its electrification strategy......»»
Electric Fiat 500e drawing dealer interest ahead of launch
The brand's buzz-building strategy has prompted some dealers to ask about adding the single-vehicle line, Fiat North America chief Aamir Ahmed said......»»
Asbury sells Lexus store and Baxter Auto adds Toyota dealership in Q1, Q4 deals
Asbury Automotive Group Inc. sold a Lexus dealership, Baxter Auto bought a Toyota dealership and a Puerto Rico dealer bought his first U.S. mainland store......»»
Are women CEOs more risk-averse than men? Not necessarily, study shows
According to a commonly held assumption, women CEOs are more risk-averse than their male counterparts. Some studies have even demonstrated that women in top leadership roles are less likely than men to engage in acquisitions......»»
5 email apps you should use instead of Gmail or Outlook
Sick of using Gmail and Outlook for your email? We’ve found five email apps that can freshen up your inbox......»»
Upgraded Mitsubishi site lets customers search for cars they"re prequalified to buy
Mitsubishi has partnered with Santander Consumer USA on an online tool allowing shoppers to get preapproved for car loans and filter dealer inventory to the vehicles the consumer can afford on those approved terms. The new-vehicle prequalification fe.....»»
Ken Ganley Automotive adds Ohio dealerships, sells Stellantis store
Ken Ganley Automotive Group added two luxury dealerships and a Ford store in two acquisitions this year. The megadealer also sold a Stellantis store......»»
Fewer new-car dealerships, higher sales in 2023 lead to boost in throughput
There were more exclusive dealerships in 2023 than in 2022, and the average new-vehicle sales per franchise rose, according to Automotive News' annual Dealer Census......»»
Porsche dealer lists Tesla Cybertruck at $289,999 after buying for $244,000 at auction
The CEO of car wholesaler givemethevin.com said more Cybertrucks are heading toward auction. Tesla has an anti-flipping clause with a potential $50,000 penalty for the original buyer......»»
Dealer Census finds fewer dealerships, higher throughput in 2023
There were more exclusive dealerships in 2023 than in 2022, and the average new-vehicle sales per franchise rose, according to ' annual Dealer Census......»»