Morrie"s acquires 6 Wis. dealerships
Morrie's Auto Group acquired the dealerships from Brenengen Auto Group. The deal brings Morrie's footprint to 20 rooftops in Minnesota and Wisconsin......»»
Mercedes-Benz says CLE Coupe will be largest in the segment
The 2024 Mercedes-Benz CLE Coupe starts at $57,650 including shipping and arrives in dealerships in March......»»
GM, Stellantis, Alfa Romeo, Fiat and Subaru dealerships trade hands across 3 states in Q4
Two of the fourth-quarter transactions involved groups ranked on Automotive News top dealership groups list......»»
Doggett Automotive buys 6 dealerships from Group 1 Automotive
Doggett Automotive expects the acquisition to add $300M in annual revenue......»»
Ed Morse Automotive inks deal to buy 6 dealerships in Arizona
The deal is expected to close by early June. Ed Morse Automotive purchased nine dealerships in 2023......»»
Krause Auto buys 3 Florida dealerships for more than $110M from Sutherlin Automotive
Krause Auto Group acquired three Florida dealerships selling Nissan and Genesis vehicles......»»
Energy Secretary Granholm: Biden administration not ‘tapping brakes" on EVs
Granholm's comments come after thousands of car dealerships last month urged President Joe Biden to reconsider the EPA's proposed limits on vehicle tailpipe pollution for 2027-32 model-year cars and light trucks.,.....»»
For dealerships, a ‘flexible" job can be many things, panelists say
A panel discussion at Automotive News Retail Forum: NADA in Las Vegas on Thursday covered how to make jobs flexible for employees in ways that boost retention rates......»»
Protect AI acquires Laiyer AI to extend company’s AI/ML security capabilities
Protect AI announced it has acquired Laiyer AI. With the acquisition, Protect AI will be offering a commercial version of Laiyer AI’s open source LLM Guard with expanded features, capabilities, and integrations within the Protect AI platform. LLM G.....»»
Federal Reserve leaves interest rates unchanged, says more "confidence" needed in inflation slowdown before cuts
For the auto industry, interest rates remain top of mind for franchised dealerships......»»
Fisker, VinFast head to NADA looking for dealer partners
The two newcomers are the first full-EV brands to pivot from the direct-sales model pioneered by Tesla to franchised dealers. VinFast has a few dealerships and Fisker expects its first in February......»»
Live talk Friday at 2 p.m. EST: What"s on car dealers" minds at the NADA Show
Join Automotive News at 2 p.m. EST Friday for a live chat from the NADA Show floor as we discuss the key issues facing dealerships in 2024.Executive Editor Jamie Butters and Senior Editor Dan Shine will be joined by Leonard A. Bellavia, senior partne.....»»
Dahl Automotive grows in Wisconsin, reintroduces CDJR brands
Dahl Automotive, which has stores in Wisconsin and Minnesota, entered two markets in Wisconsin with its December purchase of four dealerships......»»
Amazon delivery stations aided by UVeye"s Automated Vehicle Inspection system
The online retail giant has started incorporating technology commonly found in dealerships at some of its delivery stations......»»
Morrie"s Auto Group adds three stores in Wisconsin
Morrie's Auto Group bought three dealerships in Wisconsin, expanding its store count in the Midwest......»»
Sonic Automotive, Penske Automotive shutter used-vehicle-only dealerships
More than 140 people were laid off at Northwest Motorsport locations, according to a Washington state government filing......»»
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......»»
Lincoln cutting 200 U.S. dealerships in 2-year consolidation push
The brand is offering Lincoln retailers buyouts that include sweeteners such as more Ford inventory and special incentive plans for loyal customers......»»
Nearly 5,000 dealerships send second letter urging Biden to "hit the brakes" on EV push
The second letter comes after nearly 4,000 dealerships in November sent a letter calling on Biden to reconsider the proposed regulations, which they argue would mandate an unrealistic shift to battery-electric vehicles in the U.S......»»
Reynolds and Reynolds, Carfax simplify service history upload process
Collaboration aims to help consumers as well as free up time dealerships spend manually adding data......»»
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......»»