Triunity Automotive buys Pendragon JLR dealership
Triunity Automotive Group has purchased a Jaguar-Land Rover store in California from Pendragon, a public dealership group in the United Kingdom, that is selling its U.S. stores......»»
Chevrolet, Toyota, Infiniti, Nissan and Hyundai dealerships change hands
Two transactions involved auto retailers ranked on Automotive News' list of the top 150 dealership groups based in the U.S......»»
Top 5 stories of the week: Stellantis job cuts; top 150 dealership groups
A quick look at the top automotive stories of the week......»»
Dealership group employee killed in shooting at Kia store in South Carolina
A pregnant woman was killed in a crash after the shooting as police looked for the suspect......»»
Apply by April 19 to be considered for expanded Automotive News Best Dealerships To Work For
Apply by April 19 to be considered for Automotive News' expanded Best Dealerships To Work For program in 2024, with new categories and more winners......»»
AI can help dealers boost customer service, make financial decisions
Dealers are using AI to enable their systems to aid in financial decisions, said Rich Sands, CEO of Stella Automotive AI......»»
Using CO₂ and biomass, researchers find path to more environmentally friendly recyclable plastics
Modern life relies on plastic. This lightweight, adaptable product is a cornerstone of packaging, medical equipment, the aerospace and automotive industries and more. But plastic waste remains a problem as it degrades in landfills and pollutes oceans.....»»
Inventory climbs above 2.8 million, highest since December 2020
U.S. new-vehicle inventory rose again in March above 2.8 million vehicles, Cox Automotive said, as the industry continues its return to pre-COVID levels of vehicles on hand......»»
Tekion works to prove DMS mettle in competitive year
The dealership management system upstart, founded by a former Tesla executive, has plenty to prove in what could be a crucial year for the company......»»
Buyer of $717K Ford GT files lawsuit saying previous damage not disclosed
A Florida dealer in collectible vehicles and a buyer have accused a Canadian dealership of failing to disclose the 2006 Ford GT Heritage Edition purchased for $716,800 had been seriously damaged in a crash and restored......»»
New Mexico EV mandate will remain in place, despite opposition from auto dealers
The New Mexico Automotive Dealers Association and Garcia Automotive Group have opposed the state's EV mandate to adopt California's zero-emission vehicle rules......»»
Penske Automotive to buy Porsche dealerships in Australia
Penske Automotive Group Inc.'s planned acquisition of two Porsche stores near Melbourne, Australia, is expected to close in the second quarter......»»
Wolfe Automotive enters U.S., buys two Montana dealerships
Wolfe Automotive Group, of Calgary, Alberta, in Canada, has purchased its first two U.S. dealerships......»»
Toyota dealership in Ariz. will pay $60,000 to settle claims it advertised deceptive prices
Arizona Attorney General Kris Mayes said the store's prices failed to include the full reconditioning fees the dealer charged and the cost of mandatory additions like exterior coating and door edge guards......»»
China top EV forum to be held in California in May
China's top electric vehicle forum, the World New Energy Vehicle Congress (WNEVC) will hold a conference in Sacramento, California from May 16-17, according to a statement from the Chinese Society of Automotive Engineers on Sunday......»»
Group 1 Automotive bought at least 9 stores in 3 major deals in Q1
After reporting a sharp drop in net income in the fourth quarter of 2023, CEO Daryl Kenningham promised to be aggressive with acquisitions......»»
Used-vehicle wholesale prices fell slightly in March, Cox Automotive says
Cox Automotive also broke out year over year price fluctuations in vehicle segments......»»
The top 5 stories of the week: U.S. auto sales; Ford stair-steps
A quick glance at the top automotive stories of the week.....»»
John James" pioneering legacy honored with Hall of Fame induction
John A. James' induction into the Automotive Hall of Fame this year is the culmination of a legacy spanning five decades in trucking and supply chain management......»»
Ford revives stair-steps to move 2023 F-150s off dealership lots
The automaker since February has been offering retailers escalating bonuses to hit and surpass monthly F-150 sales targets. This month's payout is up to $1,000 per truck......»»
Why auto supply chains have shown resiliency after the Baltimore bridge collapse, port blockage
So far, there is no indication the Key Bridge collapse in Baltimore will have an impact on automotive supply chains on the level of COVID or the semiconductor shortage......»»