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Employee ordered to pay back nearly $50K to Chrysler-Dodge-Jeep-Ram dealership

Nicole Bradley tampered with financial records and used unauthorized funds from Erwin Chrysler-Dodge-Jeep in Troy, Ohio......»»

Category: topSource:  autonewsOct 25th, 2022

Dealership valuations dip from 2022, but remain high, experts say

Despite a decline in dealership valuations through the first three quarters of 2023 compared with 2022, valuations are still about two times higher than pre-COVID figures, buy-sell experts say......»»

Category: topSource:  autonewsRelated NewsJan 26th, 2024

Fisker to recruit retailers at NADA as first Ocean EVs head to dealerships Feb. 5

CEO Henrik Fisker says more than 65 U.S. dealers are talking with the EV maker. The first group to sign has ordered thousands of the Ocean crossovers, which will hit dealer lots in early February......»»

Category: topSource:  autonewsRelated NewsJan 26th, 2024

Couple sues Ill. dealership for hidden damage in used vehicle they bought, lawsuit says

A former Highland, Ill., dealership is facing a lawsuit for allegedly failing to disclose a used 2020 Ford Expedition it sold had been damaged in two collisions......»»

Category: topSource:  autonewsRelated NewsJan 25th, 2024

LaFontaine Automotive acquires 1st Mercedes-Benz dealership in Orin B. Hayes group acquisition

LaFontaine Automotive added its first Mercedes-Benz dealership to its portfolio in an acquisition on the west side of Michigan......»»

Category: topSource:  autonewsRelated NewsJan 24th, 2024

Reduced hours to stay at some car dealerships, owners say

Dealership owners say clipping just an hour or so a day — which many did during the COVID-19 pandemic and have since continued — has aided employee turnover and morale......»»

Category: topSource:  autonewsRelated NewsJan 24th, 2024

Initial Apple Vision Pro shipments making moves for February 2 delivery

Those who pre-ordered the Apple Vision Pro for February 2 home delivery already see activity in their delivery tracking apps.Apple Vision ProApple Vision Pro ships to customers on February 2, with some picking it up in-store and others getting home d.....»»

Category: appleSource:  appleinsiderRelated NewsJan 23rd, 2024

Used-vehicle retailer Vroom to cease e-commerce operations

Online used-vehicle retailer Vroom Inc. said it will wind down its e-commerce operations and used-vehicle dealership business......»»

Category: topSource:  autonewsRelated NewsJan 23rd, 2024

E-commerce used-vehicle retailer Vroom to cease operations

Online used-vehicle retailer Vroom Inc. said it will wind down its e-commerce operations and used-vehicle dealership business......»»

Category: topSource:  autonewsRelated NewsJan 22nd, 2024

Automotive News Dealership Salary Survey: 2023 average pay was $200K, but with 50-hour workweek

The average U.S. car dealership employee was expecting to earn $200,200 in wages, commissions and bonuses in 2023, according to the Automotive News Dealership Salary Survey. But that big money came with a 51.9-hour workweek, the survey found......»»

Category: topSource:  autonewsRelated NewsJan 22nd, 2024

Auto retail professionals make great money — but men make an average of $74,300 more

Though men and women in the car dealership industry both make far more money than the average U.S. worker, a man on average expected to bring home $74,300 more than what the average woman expected to make in 2023, according to the Dealership Salary S.....»»

Category: topSource:  autonewsRelated NewsJan 22nd, 2024

Pay, flexibility, career growth keys to auto retail retention

Changes to pay and work schedules are two ways to retain auto retail employees who are considering leaving the job, according to the Automotive News Dealership Salary Survey and Hireology CEO Adam Robinson......»»

Category: topSource:  autonewsRelated NewsJan 22nd, 2024

Stellantis to launch up to 8 EVs on new STLA Large platform in 2024-26

The electric-first STLA Large platform will underpin vehicles from Dodge, Jeep, Alfa Romeo, Chrysler, Maserati and other Stellantis brands......»»

Category: topSource:  autonewsRelated NewsJan 19th, 2024

Stellantis to launch 8 EVs on new STLA Large platform in 2024-26

The electric-first STLA Large platform will underpin vehicles from Dodge, Jeep, Alfa Romeo, Chrysler, Maserati and other Stellantis brands......»»

Category: topSource:  autonewsRelated NewsJan 19th, 2024

Stellantis to launch 8 models based on new STLA Large platform in 2024-2026

The electric-first STLA Large platform will underpin vehicles from Dodge, Jeep, Alfa Romeo, Chrysler, Maserati and other Stellantis brands......»»

Category: topSource:  autonewsRelated NewsJan 19th, 2024

Chrysler brand "in search of an identity"

The Chrysler brand is suffering from an identity crisis. What is it? What does it want to be? Those are questions that Brand CEO Christine Feuell has to answer. Quickly......»»

Category: topSource:  autonewsRelated NewsJan 19th, 2024

Vision Pro: Apple’s first spatial computer is now available for pre-order

Apple’s first spatial computer is officially available for pre-order in the United States. Vision Pro can now be ordered from Apple’s website for $3,499, and it kicks off a new era that has been years in the making. Here’s everything you ne.....»»

Category: topSource:  pcmagRelated NewsJan 19th, 2024

Judge rejects Minn. Ford dealership"s attempt to halt opening of competing store

A federal judge has rebuffed a bid by a North Branch, Minn., dealership to prevent Ford Motor Co. from approving a new point 27 miles from its store......»»

Category: topSource:  autonewsRelated NewsJan 18th, 2024

VinFast reports 34,855 global sales for 2023, below its forecast

The Vietnamese automaker, which is setting up a U.S. dealership network, said economic headwinds and a slow EV adoption rate in some markets hurt sales for the year......»»

Category: topSource:  autonewsRelated NewsJan 18th, 2024

Unlocking the secrets of quasicrystal magnetism: Revealing a novel magnetic phase diagram

Quasicrystals are intermetallic materials that have garnered significant attention from researchers aiming to advance condensed matter physics understanding. Unlike normal crystals, in which atoms are arranged in an ordered repeating pattern, quasicr.....»»

Category: topSource:  physorgRelated NewsJan 18th, 2024

NHTSA probes Stellantis" recall of plug-in hybrid minivans after 4 reports of fires

NHTSA said it received four consumer complaints from December 2022 through December 2023 alleging battery fires in 2017-18 Chrysler Pacifica plug-in hybrids even after the vehicles had received an interim fix as part of a prior recall......»»

Category: topSource:  autonewsRelated NewsJan 18th, 2024