Graham Ourisman buys Toyota dealership in Virginia
Graham Ourisman Automotive, a partnership between Graham Holdings and Ourisman Automotive Group, added a Toyota dealership in Virginia to its portfolio......»»
Phantom braking lands troubled EV-maker Fisker in feds’ crosshairs
This makes four open federal safety investigations for the Fisker Ocean. Enlarge (credit: Graham Hughes/Bloomberg via Getty Images) The federal government is looking at a phantom braking problem that appears to be affect.....»»
Column: Why does Wall St. value Tesla 40% higher than Toyota?
Both face headwinds, but Toyota earned twice as much as Tesla in the most recent fiscal year......»»
Mazda dealership milestone represents new era for the brand
The Retail Evolution facility program is a critical part in its goal to move upmarket......»»
First Black female Lexus dealer Ellenae Henry-Fairhurst dies
Henry-Fairhurst made her landmark purchase of an Infiniti dealership in 1999......»»
GM logistics supplier Proficient Auto raises $215 million in IPO
The company, which transports finished vehicles from manufacturers and shipping ports to auto dealerships, provides services to GM, Stellantis, Toyota and other automakers......»»
NADA Academy preps future dealership owners, staff for changing times
Through in-person and online classes, the National Automobile Dealers Association trains dealership staff and future owners to face an industry challenged by consolidation, inflation and the perils of new technology......»»
5 key takeaways from Toyota"s record earnings report
Under first-year CEO Koji Sato, Toyota reported a blockbuster fiscal year of records, from sales to profits. Here are five top takeaways from the automaker's earnings conference......»»
Canada"s Steve Marshall Group enters U.S. via Hawaii, buys Ford dealerships
The second-quarter acquisition marks the British Columbia group's first dealerships in the U.S......»»
CEO Koji Sato reloads for long-term growth after leading Toyota to record profit, sales, production
Toyota reports across-the-board record results in its just-ended fiscal-year, but it warns earnings will retreat in the current year......»»
Toyota CEO Sato leads automaker to record profit, sales, production
Toyota reported record quarterly sales and record profits, but warned earnings will retreat in the current year as it takes a break from hectic expansion and invests in next-generation EVs, software and AI......»»
Appeals court upholds GM termination of N.J. dealership
A federal appeals court has upheld the right of General Motors to terminate a Cherry Hill, N.J., Chevrolet dealership based on hundreds of allegedly bogus and questionable warranty repair claims, including work purportedly done on "ghost vehicles.".....»»
Mercedes dealership sued for allegedly not revealing used car had flood damage
A customer has accused a South Carolina dealership group of fraud, negligence, breach of contract and a consumer protection law violation for failing to disclose the used 2018 Mercedes-Benz E300 she bought had flood damage......»»
From scandals to slowdown, Toyota faces these top five challenges as it pursues record profits
Toyota expects stellar results in its fiscal-year earnings announcement on May 8, from record sales to record profits. But there could still be some wobbles in the final report, including guidance on whether it can keep up its red-hot pace......»»
5 key takeaways from April U.S. sales reports
U.S. light-vehicle sales slipped 3.9 percent to 1.32 million last month compared with April 2023; Toyota led among the brands......»»
Julie Herrera buys another Texas store
City Limits Nissan is the first dealership Julie Herrera bought without the backing of her investor partner Cavender Auto Family of San Antonio......»»
Minority dealer Julie Herrera expands IDEA Auto Group
City Limits Nissan is the first dealership Julie Herrera bought without the backing of her investor partner Cavender Auto Family of San Antonio......»»
YouTuber Mondi crashes McLaren Senna into Lexus dealership
The driver, known on YouTube as Mondi, bought the supercar a week earlier. He also totaled a GMC Hummer EV in 2022......»»
Toyota executives like fuel cell technology for zero-emission pickups
A hydrogen pickup would have bigger towing ranges and a fuel-like gasoline truck, Toyota executives say......»»
Lithia trims U.K. car dealership network after Pendragon deal
Lithia Motors is paring its U.K. auto retail footprint with cuts to the Pendragon network after entering and expanding throughout the country in the past 13 months. It's dropping 16 used-car CarStore locations and rebranding 11 others......»»
Toyota sales rise 14%; Honda edges up; Hyundai, Kia slip in April
U.S. light-vehicle sales are expected to drop about 2 percent in April, reflecting one less selling day than a year earlier and weaker fleet shipments, analysts say......»»