Lithia to buy Pendragon"s UK dealerships, take stake in DMS
Lithia Motors plans to not only make a significant dealership acquisition in the United Kingdom. Its pending deal also includes a fleet management platform and an ownership stake in Pinewood Technologies, which plans to bring a dealership management.....»»
DirecTV agrees to buy satellite rival Dish (and its debt) for one dollar
DirecTV to take on Dish's $10B debt and TPG will buy AT&T's 70% stake in DirecTV. Enlarge / Dish and DirecTV satellite dishes on the roof of an apartment building on April 15, 2013 in San Rafael, California. (credit: Getty Image.....»»
Tropical Storm Helene forces power outages at dealerships in Southeast; Ganley store could lose hundreds of Kias
Helene moved farther inland Sept. 27 and forced dealerships to close. Deaths, flooding and power outages were reported. A dealership near Tampa says some 700 vehicles were flooded......»»
Dealerships close as Hurricane Helene slams Florida and Georgia
Dealerships in Tallahassee and along the Gulf Coast closed earlier than usual Sept. 26 ahead of Hurricane Helene's arrival......»»
Dealerships urge state and federal officials to relax emissions regulations in open letter
The flattening of EV sales growth has left vehicles piling up on their lots, the dealerships wrote......»»
Dealerships in Florida close as Hurricane Helene bears down
Dealerships in Tallahassee and along the Gulf Coast closed earlier than usual Sept. 26 ahead of Hurricane Helene's arrival......»»
Ford leads industry in minority dealership gains
Ford displaced Stellantis as the automaker that added the most minority-owned dealerships last year, with a net gain of 24......»»
Dealerships can start filing claims in CDK antitrust settlement
An Illinois federal judge has granted preliminary approval for CDK's agreement to pay $100 million to resolve a class-action antitrust lawsuit......»»
How much auto demand will the Fed"s half-point rate cut produce?
The Federal Reserve cut its benchmark rate target 0.5 percentage points on Sept. 18, which could reduce the market interest rates that Cox Automotive polling indicates are dealerships' No. 1 challenge......»»
N.Y. pension buying Vista stake tied to late billionaire Brockman
New York State Common Retirement Fund agreed to pay as much as $350 million for Vista Equity Partners fund stakes tied to late billionaire Robert Brockman, an original investor in the private equity firm, according to people familiar with the matter......»»
Half-point Fed rate cut could spur consumer demand at auto dealerships
Car dealerships might see higher demand from consumers following the Federal Reserve's decision Sept. 18 to cut its benchmark rate target 0.5 points, according to Edmunds......»»
Toyota marks Highlander"s 25th anniversary with limited edition
The 2025 Toyota Highlander 25th Edition will debut at dealerships in November and is limited to 2,500 vehicles......»»
Toyota dealerships get fired up about flag football
About 40 percent of Toyota's U.S. retailers have gotten involved with flag football as part of the automaker's new NFL sponsorship......»»
Del Grande dealerships get ahead of California turf crackdown with low-water landscaping
When California announced a coming ban on watering ornamental turf, Del Grande Dealer Group made a plan to save water, save money and upgrade its Silicon Valley landscaping with native plants.....»»
Q&A: Looting of the Sudan National Museum—more is at stake than priceless ancient treasures
Reports continue to emerge of the alleged looting of tens of thousands of artifacts from the Sudan National Museum in Khartoum......»»
Jeep seeks ‘perfect quality" on EV launch in quest to reverse sales slide
The brand originally vowed it would launch the Wagoneer S this fall, but CEO Antonio Filosa said he needs to ensure the EV is high quality before sending it to dealerships......»»
Lithia Motors enters north Florida, buys 3 dealerships
Lithia expects the stores to add more than $200 million in annual revenue......»»
Now an established luxury brand, Genesis is refining strategy to win loyal customers
Hyundai's premium brand expects more growth on strong product, new dedicated dealerships and a focus on loyalty......»»
Why are U.S. dealers getting more pessimistic about the market? This Cox Q3 poll gives clues
Pessimism crept into franchised car dealers' outlooks during the third quarter, according to a Cox Automotive Dealer Sentiment Index poll, which also found that interest rates and consumers' political uncertainty continue to burden dealerships......»»
12-year-old keeps burglarizing Md. dealerships
Police told a Maryland TV station they've caught the boy at least eight times but that he's too young to be charged with the crimes he's committing......»»
Celebrity group"s 4 dealerships sue CDK over cyberattack
Celebrity Motor Car Co.'s four dealerships have all sued CDK Global, accusing it of soliciting business by relating the risks of a dealership breach and the cybersecurity CDK could provide — only to be hacked itself and unavailable to retailers aft.....»»