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......»»
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......»»
Self-pay gas station pumps break across NZ as software can’t handle Leap Day
"We'll add it to our Outlook reminders..." Enlarge / A gas station displays an out-of-order sign on February 29, 2024 in New Zealand. (credit: Mark Coote/Bloomberg via Getty Images) Today is Leap Day, meaning that for.....»»
Amazon, Hyundai partnership causing concern among dealers, survey says
U.S. dealers have mixed feelings about how the partnership between Hyundai Motor and Amazon will affect the industry, according to results from Automotive News' 2024 Dealer Outlook Survey......»»
Jeep CEO turnaround plan features price cuts, ‘freedom of choice" amid EV transition
Jeep is cutting prices on some of its key models and taking new approaches to marketing, branding and dealer relations in an effort to turn around the brand's flagging sales in North America......»»
Lou Fusz Automotive expands with two Q1 transactions
Lou Fusz Automotive Network of St. Louis expanded with a pair of two-store acquisitions in the first quarter......»»
How to set up an out-of-office reply in Outlook on any device
Don’t let others wonder why you aren’t replying to emails. Here’s how to set an out-of-office reply in Outlook for Windows, Mac, and the web......»»
How to change a signature in Outlook on desktop and web
Update your name, add a quote, or simply make sure you close your emails properly. Here’s how to change a signature in Outlook on Windows, Mac, and the web......»»
Lawsuit claims N.Y. Chevrolet dealer backed out of contract to sell
The prospective buyer of a Fort Montgomery, N.Y., store has sued the dealership for allegedly breaking a contract to sell its assets and real estate......»»
Extraction of raw materials could rise 60% by 2060—and making mining "greener" won"t stop the damage
The United Nations' flagship Global Resources Outlook report is the portrait of a juggernaut. Due to be published later this month by the UN's International Resource Panel, it highlights how global consumption of raw materials, having increased four-.....»»
Lyft’s CEO says ‘my bad’ on margin error, ‘it was one zero’
Lyft Inc. Chief Executive Officer David Risher’s response to a clerical error that unintentionally inflated the company’s earnings outlook on Tuesday and sent shares soaring: “My bad.”.....»»
Bollinger Motors picks LaFontaine Automotive as first commercial dealer
Bollinger Motors named LaFontaine Automotive Group its first authorized dealer as the EV company works to deliver an all-electric Class 4 commercial truck......»»
Assessing battery life for used EVs is not that simple
The complexity of EV batteries can fuel dealer and consumer concerns and questions about the performance of used vehicles. History offers little data......»»
Why used EV batteries are hard to value
The complexity of EV batteries can fuel dealer and consumer concerns and questions about the performance of used vehicles. History offers little data......»»
2024 cybersecurity outlook: A wave of global threats on the horizon
2024 is expected to witness a surge in cyberattacks driven by global events and the widespread accessibility of advanced technologies. In this Help Net Security round-up, we present segments from previously recorded videos where cybersecurity experts.....»»
Some dealership M&A brokers predict record Q1 amid robust deal pace
Alan Haig, president of buy-sell firm Haig Partners, in Fort Lauderdale, Fla., told that his firm expects to close deals on 31 stores this quarter, and he has a bullish outlook for 2024......»»
Some dealership buy-sell brokers predict record Q1 amid robust deal pace
Alan Haig, president of buy-sell firm Haig Partners, in Fort Lauderdale, Fla., told that his firm expects to close deals on 31 stores this quarter, and he has a bullish outlook for 2024......»»
Subaru lifts profit outlook as quarterly sales, earnings surge
Subaru profits surge in the latest quarter as U.S. sales climb, helping fill the Japanese automaker’s coffers for investment in electrification and other next-generation technologies......»»