What Does the Dealership Do With My Traded-In Car?
You’ve finally picked out the new car you’ve wanted at the dealership. Now you’re signing the papers to trade in your current car for this newer vehicle you’ve been eyeing. Once you get that money for your trade-in and hand ov.....»»
1 killed, 2 injured as customer crashes vehicle at California Toyota dealership
Police and fire officials say an elderly motorist lost control of a Toyota RAV4 Wednesday at a California Toyota dealership. A woman was killed as a result of the crash, which also injured two employees......»»
1 killed and 2 injured as customer crashes vehicle at California Toyota dealership
Police and fire officials say an elderly motorist lost control of a Toyota RAV4 Wednesday at a California Toyota dealership. A woman was killed as a result of the crash, which also injured two employees......»»
EV maker VinFast set to list on Nasdaq in rare SPAC venue switch
The planned Nasdaq listing caps VinFast’s years-long efforts to become a publicly traded company......»»
Lithia exits North Dakota with sale of two stores; closes Va. dealership
Auto retail giant Lithia Motors has sold two North Dakota stores and has exited the state. The move comes just days after it bought a store in Texas......»»
Exclusive: Dealership buy-sell database and analysis
Automotive News has updated its online database of dealership buy-sell transactions to better serve subscribers. And for the second year, rigorously documenting transactions has turned into a package of stories and data sets that can't be found anywh.....»»
Lack of public dealership megadeals in 2022 left room for private buyer transactions to dominate
The 2021 buy-sell year was notable for four supersize acquisitions that helped frame the latest wave of dealership consolidation. Deals of that size did not happen in 2022......»»
Live talk at noon Wednesday: The dealership buy-sell market
Stephen Dietrich, partner at Holland & Knight, will share insights on dealership merger and acquisition activity with Automotive News Executive Editor Jamie Butters and Retail Senior Editor Melissa Burden......»»
About 1 in 3 vertebrate species is used, eaten or traded by humans, study finds
A cheetah pouncing on a gazelle. A bear snatching a fish out of the water with its claws. And the most dangerous predator of them all? A human and their pet bird dancing to Gangnam Style......»»
Cars.com Q2 net income jumps from one-time use of valuation allowance
Price increases and acquisitions are fueling more revenue growth, but dealership marketplace churn grew more than analysts expected......»»
Credit Acceptance Q2 net income plunges 79%
Q2 2023 Credit Acceptance Corp. earnings saw its net income fall 79 percent but car loan volume up 13 percent and dealership count grow 16 percent......»»
Lithia buys Honda dealership in San Antonio
Growing Lithia Motors entered San Antonio for the first time with the purchase of a Honda dealership......»»
Sonic Automotive sells Alabama, North Carolina car dealerships
Sonic Automotive revealed last week that it sold three dealerships in the second quarter. The separate deals involved two stores in Alabama and one dealership in North Carolina......»»
Using gemstones" unique characteristics to uncover ancient trade routes
Since ancient times, gemstones have been mined and traded across the globe, sometimes traveling continents from their origin. Gems are geologically defined as minerals celebrated for beauty, strength, and rarity. Their unique elemental composition an.....»»
Congress grills Tim Cook over App Store rules affecting NFTs and crypto
Lawmakers in the U.S. Congress has asked Apple for clarity over the App Store guidelines, specifically how the rules impact blockchains and NFTs being used or traded in apps.CryptocurrenciesApple has a long list of rules and guidelines that affects h.....»»
Q2 new-car gross profits drop for 6 public auto dealers
Five of the six major publicly traded franchised dealership groups described double-digit percentage declines on new-car gross profits in the second quarter as inventories grew and rising interest rates cut into shoppers' buying power......»»
CDK"s Salty embedded insurance tech provider shuts down
The dealership management system giant acquired Salty Dot Inc. less than two years ago. A spokesperson said the company shut it down as part of an effort to "focus our investments on innovation and market growth.".....»»
Tekion buys vehicle registration technology company Five64
The dealership management company wants to simplify interstate vehicle purchases for dealers. Five64 filed for Chapter 11 federal bankruptcy protection in April......»»
Group 1 Q2 net income falls 13% despite record revenue
The Houston dealership giant continued to generate revenue gains from acquisitions and service and parts business growth......»»
Group 1 Q2 net income slips 13% despite record revenue
The Houston dealership giant continued to generate revenue gains from acquisitions and service and parts business growth......»»
Habits That Will Cost You on Your Car’s Trade-In Value
Ready to turn in your old car for a newer model? Now is the best time to upgrade your ride because the value of used cars is at an all-time high. You’re bound to get top dollar on your trade-in at a dealership — that is, unless you do one of thes.....»»