For Cadillac and its dealers, Celestiq EV is just a beginning
The $300,000 Cadillac Celestiq EV is a launch point for doing more "iconic" things for the brand in the future......»»
Prepare now for potential FTC regs, attorney says
Dealers might find value in paring their F&I product portfolio, according to the COO of Zeigler Auto Group and the finance director of Continental Auto Group......»»
Scenes from the Automotive News Retail Forum: NADA in Dallas
DALLAS -- Dealers and top executives gathered here Thursday for the Automotive News Retail Forum ahead of the 2023 NADA Show. The discussions focused on solutions to the industry’s pressing issues such as the new EV tax credits and FTC regulations......»»
Tech tools help dealers put people first
A modern dealership should put people first and keep customer needs paramount, and technology tools can help store leaders get there......»»
Ford, GM options for EV dealers reshape retail
While Cadillac and Buick are making dealers walk away if they don't want to sell EVs, Ford has allowed for more flexibility but received complaints from some state dealer associations......»»
Toyota executives, dealers laud promotion of Lexus chief Koji Sato to CEO
Jack Hollis: "So what it means to us is, this is another friend of North America.".....»»
Dealers, buyers need guidance on EV tax credits
The availability of a credit that carries fewer eligibility restrictions for leasing than for buying could help consumers now, panelists said Thursday at Automotive News Retail Forum: NADA......»»
Hollis: New Toyota CEO Sato is "great" choice for North America
Jack Hollis, head of sales for Toyota Motor North America, says news that Koji Sato would succeed Akio Toyoda as Toyota CEO is great news for the automaker's North American dealers......»»
Ford boosts financial support to dealers for remote service offerings
The automaker is expanding its mobile service vans as well as pickup and delivery capabilities across its dealer network......»»
Satellite data shows sustained severe drought in Europe
Europe has been experiencing a severe drought for years. Across the continent, groundwater levels have been consistently low since 2018, even if extreme weather events with flooding temporarily give a different picture. The beginning of this tense si.....»»
The food systems that will feed Mars could transform food on Earth
Could we feed a city on Mars? This question is central to the future of space exploration and has serious repercussions on Earth too. To date, a lot of thought has gone into how astronauts eat; however, we are only beginning to produce food in space......»»
Hyundai-Genesis, Toyota, Stellantis and Ford dealerships sell in Q3, Q4 deals
Dealer Terry Taylor added a dealership to his portfolio, a former Lithia Motors general manager bought his first store and other dealers expanded their store holdings in third-quarter and fourth-quarter transactions in 2022......»»
U.S. closes Ford Explorer exhaust probe without seeking recall
NHTSA said it conducted an in-depth investigation that included review of more than 6,500 consumer complaints from 2011-2017 model year vehicles. The investigation found issues with dealers, government fleets and others modifying the Police Intercept.....»»
Dealers face EV hurdle
Dealers are readying their sales and service operations to handle the influx of used EVs that will eventually arrive on their lots, but for now a big challenge for many of them is a shortage of inventory......»»
Industry climate helps first-time dealers become owners
In the backdrop of a bustling dealership buy-sell market that continues to see private groups and publicly traded auto retailers buying stores, a number of first-time buyers are joining them......»»
Automotive News hires dealers, retail technology reporter
Mark Hollmer most recently wrote about insurance and mortgage industry technology for Insurance Business America and Mortgage Professional America......»»
Ripples in fabric of universe may reveal start of time
Scientists have advanced in discovering how to use ripples in space-time known as gravitational waves to peer back to the beginning of everything we know. The researchers say they can better understand the state of the cosmos shortly after the Big Ba.....»»
Hear from dealers, industry leaders at Automotive News Retail Forum: NADA in Dallas
Learn from dealers and industry leaders at Automotive News Retail Forum: NADA on Jan. 26 in Dallas including keynotes from Group 1 Automotive Inc. CEO Daryl Kenningham and dealers Larry Van Tuyl and Damon Lester......»»
Illinois dealers appeal direct-to-consumer EV sales ruling
A December court ruling allowed Rivian and Lucid to continue direct EV sales in the state......»»
On new EV tax credits, car dealers ‘don"t have the answers"
Dealers say that more guidance is needed from the federal government and automakers to accurately and confidently assess vehicle and consumer eligibility for Inflation Reduction Act EV tax credits......»»
Tesla drops prices up to 20 percent in attempt to drive sales
The electric automaker is beginning to look a bit desperate for customers. Enlarge / Can big price cuts stop Tesla's share price slide? More of its cars now qualify for US tax credits, at least. (credit: Ethan Miller/Getty Image).....»»