Stanton: NADA ‘relentless" in dealer advocacy
For Mike Stanton — NADA's former COO who became its chief executive on Jan. 1, following the retirement of Peter Welch — politics, autos and the great unknowns facing both are familiar topics to the Washington, D.C., native......»»
NADA Data: 2022 new-car inventory up; vehicle sales per dealership down
Franchise dealerships' total payroll in 2022 was up from 2021, but the average number of new and used vehicles sold per employee fell......»»
Cars.com Q1 revenue and net income climb; dealer customers dip
The company's acquisitions of Accu-Trade and CreditIQ over the last two years are helping to boost results......»»
Mountain"s trash problem inspires push for new national monument
When environmental advocacy organization Get Outdoors Nevada holds volunteer clean up events at public lands around the valley, they typically bring buckets......»»
Pioneering Calif. dealer Bert Boeckmann dies at 92
Boeckmann joined Galpin Ford in 1953 as a salesman and worked his way up to ownership......»»
GM Q1 earnings: Employee, dealer buyouts push net income down 19%; full-year guidance up
North American pretax profit rose 14 percent to $3.6 billion......»»
Rick Hendrick buys first Corvette E-Ray for $1.1M
The North Carolina dealer and racing team owner has spent nearly $6 million buying VIN 001 Corvettes at recent auctions......»»
Kia, Nissan, Ford, Stellantis and GM dealerships sell across 5 states
A West Coast auto retailer bought and sold dealerships, a dealer acquired his first Ford store, a group grew to three stores and two brothers expanded their holdings, all in transactions that closed in the second and fourth quarters of 2022 and the f.....»»
Lincoln"s plan to regain ‘mojo": Fewer dealers, more fluid EV strategy
After three years of declining U.S. sales, the brand's new president says a smaller dealer network is needed to be successful......»»
Stellantis, GM, Honda and Hyundai dealerships sell in 4 states
Two dealership groups expanded in new markets, a dealer added a second Honda store, and a new partnership duo acquired its first store in transactions in the last half of 2022 and second quarter of this year......»»
Fox News to pay Dominion $788 million in settlement, ending defamation trial
Dominion: Settlement provides vindication after "torrent of lies" on Fox News. Enlarge / A mobile billboard deployed by advocacy group Media Matters drives past a courthouse on April 17, 2023, in Wilmington, Delaware. (credit: G.....»»
Southern used-car dealer U.S. Auto Sales closes locations
U.S. Auto Sales' website carried a popup Tuesday morning stating its used-vehicle dealerships had closed, but it was "working on a solution to re-open them as soon as possible.".....»»
Future-proofing flexible working: Learning lessons from lockdown to help working parents
Dr. Maria Adamson, co-director of Queen Mary's Center for Research in Equality & Diversity and senior lecturer in the School of Business & Management, has written for advocacy charity Working Families about how COVID lockdowns could make workplaces m.....»»
Why floorplanning can be a profit center or cost for dealers
Floorplanning, which is the financing surrounding the car dealer's wholesale vehicle purchase, is expected to flip to become a cost for dealers this year, as opposed to a profit......»»
Former MLB players Brian Dorsett and Dorian Boyland buy and sell dealerships in Q1
Two dealerships trading hands involved former Major League Baseball players Dorian Boyland and Brian Dorsett, and a group bought its second Long Island store, all in the first quarter, while another dealer purchased his second store in fourth-quarter.....»»
Selling over sticker price can backfire on car dealer, automaker
Survey: 29% of customers charged above MSRP told GfK they would never buy that brand of vehicle again......»»
California snowmelt flood risk to last for months, experts say
After a relentless three months of heavy rain and snow, California is facing yet another environmental threat—sunny skies and balmy weather......»»
Moving on up: Toyota-Lexus dealer transforms a Manhattan high-rise
BRAM Auto Group built new Toyota and Lexus dealerships on the fourth floor of what will soon be a multiuse high-rise in Manhattan. To make it work — and make money — they had to use every trick in the book, including keeping their cars in another.....»»
California eases water restrictions, but drought isn"t over
California Gov. Gavin Newsom ended some of the state's water restrictions on Friday because a winter of relentless rain and snow has replenished the state's reservoirs and eased fears of a shortage after three years of severe drought......»»
California ends some water limits after storms ease drought
California Gov. Gavin Newsom ended some of the state's water restrictions on Friday because a winter of relentless rain and snow has replenished the state's reservoirs and eased fears of a shortage after three years of severe drought......»»
Chevy, Buick, Honda and Acura dealerships sell in 4 states
Two dealership groups entered new states, a dealer and his group expanded in Chicago and an entrepreneur purchased his first franchised dealership — all in transactions that closed in the fourth quarter......»»