What the FTC"s proposals on car dealer ads, F&I mean
The proposed Federal Trade Commission regulations on car dealers go beyond existing federal law and offer more specificity than the law that forbids unfair and deceptive dealership practices......»»
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......»»
Ground-based lasers could accelerate spacecraft to other stars
The future of space exploration includes some rather ambitious plans to send missions farther from Earth than ever before. Beyond the current proposals for building infrastructure in cis-lunar space and sending regular crewed missions to the moon and.....»»
Bollinger Motors picks LaFontaine Automotive as first commercial dealer
Bollinger Motors named LaFontaine Automotive Group its first authorized dealer as the EV company works to deliver an all-electric Class 4 commercial truck......»»
Did Eurasia"s dominant East-West axis "turn the fortunes of history"?
Guns, Germs, and Steel (1997) is Jared Diamond's Pulitzer Prize-winning effort to explain the contrasting histories of Native Americans, Africans, and aboriginal Australians vs. Europeans and Asians. One of his intriguing proposals was that Eurasian.....»»
Assessing battery life for used EVs is not that simple
The complexity of EV batteries can fuel dealer and consumer concerns and questions about the performance of used vehicles. History offers little data......»»
Why used EV batteries are hard to value
The complexity of EV batteries can fuel dealer and consumer concerns and questions about the performance of used vehicles. History offers little data......»»
Ford promises more dealer engagement, then skips Q&A
Ford executives promised to communicate better with dealers but frustrated some NADA Show attendees by not taking any questions during the brand's make meeting......»»
Penske Automotive Q4 net income slides 36% to $192 million on rising interest costs
The dealer group said it faced a $21 million increase in interest costs driven by higher interest rates and inventory levels that together increased vehicle floorplan borrowing costs......»»
Mazda boosts U.S. sales goal for 2024
Mazda told a dealer make meeting at the 2024 NADA Show it had increased its 2024 U.S. car sales goal to 450,000 vehicles......»»
New Stellantis N.A. chief seeks more dealer dialogue
Carlos Zarlenga, Stellantis' new top North American executive, said conversations with dealers can help the automaker grow......»»
Ford promises EV adjustments, more dealer engagement
Ford CEO Jim Farley said he will travel the country visiting with as many dealers as possible, according to people at the meeting......»»
The EV transition will require dealer support, experts say
The transition to electric vehicles, Tesla's alternative sales model, the expansion of charging infrastructure and more are pushing the automotive retail industry to evolve......»»
Dealers prep for what could be a ‘banner year" for buy-sells
Executives from three of the largest auto retailers in the country shared their outlooks on the dealership buy-sell market at AutoTeam America's Dealer/CEO/CFO Forum......»»
Dealers say Biden"s EV strategy is too aggressive for U.S. market
Nearly 83 percent of dealers say the federal government is pushing the industry to move too fast on EVs, according to responses to the Automotive News 2024 Dealer Outlook Survey of 208 dealers and dealership managers......»»
After signing Mills group as 1st U.S. dealer, Fisker heads to NADA Show to recruit more
In Fisker's pivot to franchised dealers from direct sales, the EV startup is pursuing dealers, first at an open house and then at the NADA Show......»»
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......»»
Car thieves target dealer lots as retailers beef up security
The increase in technology that's readily available to criminals, providing them alternative ways to steal cars, is a driving factor behind the uptick in vehicle theft at dealership lots, experts say......»»
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......»»
Honda to offer wireless CarPlay retrofit for select cars later this month
Honda is planning to make a retrofit available to older model-year Accords to enable wireless CarPlay. The process will begin later this month and will require a trip to the dealer, Honda says. more….....»»
VinFast U.S. plans rise above early setbacks
The startup is committed to a national dealer network, North Carolina factory and a broad vehicle lineup that will include a pickup and a sub-$20,000 micro car, Chairwoman Le Thi Thu Thuy tells.....»»