Dealerships acquired in Calif., Ga.
Three dealership groups acquired stores in California in separate deals, while another group added a second Stellantis store in Georgia......»»
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......»»
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......»»
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......»»
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.....»»
Genesis brand names Troy Saito to direct U.S sales and operations
Saito will oversee all U.S sales and retail operations and focus on strategy and retailer operations. He will be working closely with all 239 domestic dealerships, Genesis said......»»
iPhone 16 bezels will shrink as screen size expands, says supply-chain report
A new supply-chain report says that new technology acquired by Apple’s display suppliers will enable the iPhone 16 bezels to be further reduced in size, in conjunction with the larger displays we’re expecting in the two Pro models. The same re.....»»
Land Rover, Mitsubishi, CDJR, Nissan of Shelby dealerships sell
Nissan of Shelby gets a fresh start, a minority owned dealership group expanded by two stores and another group acquired its first Land Rover dealership......»»
Dealerships" responses to website inquiries improving, new study shows
Pied Piper's study, released this month, ranks dealerships on a 100-point scale based on how they respond to mystery customer inquiries on their websites within 24 hours......»»
Kia, Subaru, Buick-GMC and Honda dealerships sell in Q4, Q1 transactions
Two Automotive News top 150 dealership groups purchased import stores in the fourth quarter and a mid-Atlantic group bought three stores in the fourth and first quarters......»»
2024 Lincoln Nautilus first drive: A sea change for Lincoln’s middle child
The Nautilus might just be enough to finally get people into Lincoln dealerships. Enlarge / The Lincoln Nautilus is now in its fourth generation. (credit: Lincoln) Lincoln provided accommodation so Ars could drive the ne.....»»
Ind. dealership group starts high school program to develop future auto technicians
Many dealerships look to community college training programs as a source of future auto mechanics. An Indiana dealership group is starting even earlier in its search — high school......»»
Group 1 acquires South Carolina Honda, Mercedes-Benz dealerships
The deal brings Group 1's year-to-date total of acquired dealership annual revenue to $1 billion......»»
Some states are now trying to ban lab-grown meat
Spurious "war on ranching" cited as reason for legislation. Enlarge / Cell-cultivated chicken is made in the pictured tanks at the Eat Just office on July 27, 2023, in Alameda, Calif. (credit: Justin Sullivan/Getty Images).....»»
Continental Automotive Group founder Bryan Hardeman arrested on burglary, arson charges
Bryan Hardeman, whose children now own Continental's four dealerships, was arrested Feb. 29 in Austin, Texas......»»
Why consumer distrust of dealerships runs high
There is a gap between perception and reality when it comes to dealership pricing and financing, according to the KPA 2024 Dealership Trust Survey......»»
Cloudflare Magic Cloud Networking simplifies security and management of public clouds
Cloudflare introduced Magic Cloud Networking, a simple, secure and scalable way for businesses to connect and secure their public cloud environments. To accelerate its entrance into the new market, Cloudflare acquired the technology of Nefeli Network.....»»
Gen Z buyers are a unique opportunity for car dealership F&I office
Younger buyers' appetite for F&I presents dealerships with an opportunity, but their strategy should not be wholly digital like some might expect......»»
Santander plans expansion of prequalified auto inventory search site Drive.US
Santander Consumer USA plans a national expansion this year for Drive.US, its digital auto retail site allowing consumers to shop cars at partner dealerships online and filter the inventory based on the car loan monthly payment the lender has prequal.....»»