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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......»»

Category: topSource:  autonewsFeb 8th, 2021

Fewer new-car dealerships, higher sales in 2023 lead to boost in throughput

There were more exclusive dealerships in 2023 than in 2022, and the average new-vehicle sales per franchise rose, according to Automotive News' annual Dealer Census......»»

Category: topSource:  autonewsRelated NewsMar 4th, 2024

U.S. Jaguar new-vehicle franchise count drops 25% in 2023, Land Rover adds stores

The number of U.S. new-vehicle Jaguar franchises fell 25 percent in 2023 while Land Rover added franchises, according to the Automotive News dealership census......»»

Category: topSource:  autonewsRelated NewsMar 4th, 2024

Ineos waits for San Francisco Bay Area dealership to open

Ineos Automotive, which has just the Grenadier SUV on sale at the moment, has been operating without a key U.S. location: Silicon Valley......»»

Category: topSource:  autonewsRelated NewsFeb 29th, 2024

Amazon, Hyundai partnership causing concern among dealers, survey says

U.S. dealers have mixed feelings about how the partnership between Hyundai Motor and Amazon will affect the industry, according to results from Automotive News' 2024 Dealer Outlook Survey......»»

Category: topSource:  autonewsRelated NewsFeb 29th, 2024

Family feud over defunct Sage Automotive Group continues with malpractice lawsuit

Leonard Schrage, who with two brothers inherited Sage Automotive Group dealerships, sued a California law firm for malpractice over an allegedly botched $31 million verdict that found financial mismanagement by his brothers but was overturned on appe.....»»

Category: topSource:  autonewsRelated NewsFeb 27th, 2024

Automotive crash testing just got harder in 2024—which OEMs did well?

Headlights, pedestrian detection, and backseat safety all get more scrutiny. Enlarge / The Tesla Model Y has earned an IIHS Top Safety Pick+ for 2024. (credit: IIHS) The Insurance Institute for Highway Safety has toughen.....»»

Category: topSource:  arstechnicaRelated NewsFeb 27th, 2024

Franklin McLarty, Frank Figueredo form new dealership group

Auto retail veterans Franklin McLarty and Frank Figueredo plan to lead Coastal Automotive Management to $1 billion in annual revenue within 10 years......»»

Category: topSource:  autonewsRelated NewsFeb 27th, 2024

Majority of Consumer Reports" top 10 vehicle picks have electrified variants

Plug-in hybrids are 'the most misunderstood powertrain,' says Jake Fisher, senior director of automotive testing at Consumer Reports......»»

Category: topSource:  autonewsRelated NewsFeb 27th, 2024

Group 1 buys 2 Lexus stores in Southern California with $350M in combined sales

Group 1 Automotive expects Newport Lexus in Newport Beach and Tustin Lexus to generate $350 million in combined annual revenue......»»

Category: topSource:  autonewsRelated NewsFeb 27th, 2024

GM, Tesla defend top spots in U.S. Automotive Loyalty Awards

The Lincoln Nautilus earned a new award for Overall Loyalty to Model in 2023......»»

Category: topSource:  autonewsRelated NewsFeb 26th, 2024

It’s no accident: These automotive safety features flopped

Over the years, inventors have had some weird ideas about how to make cars safer. Enlarge (credit: Aurich Lawson | Getty Images) Turn signals have been a vehicle safety staple since they first appeared on Buicks in 1939......»»

Category: topSource:  arstechnicaRelated NewsFeb 26th, 2024

Why J.D. Power could be worth $8 billion

J.D. Power releases dozens of independently funded automotive studies each year which are widely regarded as some of the most dependable among automakers on reflecting accurate consumer behavior......»»

Category: topSource:  autonewsRelated NewsFeb 22nd, 2024

Lithia Motors downplays $50B 2025 revenue target, stresses earnings per share growth

Lithia Motors Inc. CEO Bryan DeBoer is downplaying his dealership group's goal to reach $50 billion in revenue by 2025 and is focused more on another benchmark......»»

Category: topSource:  autonewsRelated NewsFeb 22nd, 2024

Lou Fusz Automotive expands with two Q1 transactions

Lou Fusz Automotive Network of St. Louis expanded with a pair of two-store acquisitions in the first quarter......»»

Category: autoSource:  autonewsRelated NewsFeb 21st, 2024

Lawsuit claims N.Y. Chevrolet dealer backed out of contract to sell

The prospective buyer of a Fort Montgomery, N.Y., store has sued the dealership for allegedly breaking a contract to sell its assets and real estate......»»

Category: topSource:  autonewsRelated NewsFeb 21st, 2024

Week in review: AnyDesk phishing campaign targets employees, Microsoft fixes exploited zero-days

Here’s an overview of some of last week’s most interesting news, articles, interviews and videos: Integrating cybersecurity into vehicle design and manufacturing In this Help Net Security interview, Yaron Edan, CISO at REE Automotive, discusses t.....»»

Category: securitySource:  netsecurityRelated NewsFeb 18th, 2024

Fisker signs three more U.S. dealers, with stores opening in six states

The new stores are Ourisman Fisker in Maryland, Classic Fisker in Georgia and Long Island Fisker in New York, with another planned for New Jersey, Fisker said. The automaker previously signed Mills Automotive Group......»»

Category: topSource:  autonewsRelated NewsFeb 17th, 2024

Cadillac Lyriq receiving software update in March

Cadillac is rolling out a software update for the 2023 Lyriq EV in March that will include improvements to its universal remote and glove box controls. The software will be updated at the dealership......»»

Category: topSource:  autonewsRelated NewsFeb 16th, 2024

Automotive Hall of Fame plans to honor 7 inductees

The 2024 Automotive Hall of Fame induction ceremony is planned for Sept. 19......»»

Category: topSource:  autonewsRelated NewsFeb 16th, 2024

AutoNation integrating RepairSmith with its used-vehicle stores

The publicly traded dealership group acquired RepairSmith in 2023 and is now integrating it with its standalone AutoNation USA used-car stores......»»

Category: topSource:  autonewsRelated NewsFeb 15th, 2024