Four Dealership Sales Close in Four States
Groups acquire various brands, and one also buys a commercial truck business.
Groups acquire various brands, and one also buys a commercial truck business.
Cites geopolitical, local-competition issues.
Adds vehicles up to 10 years old and with as many as 100K miles.
The third quarter of 2022 closed with a new light-vehicle sales totaling a quarterly average SAAR of 13.3 million units, down slightly from a SAAR of 13.4 million units during the second quarter of the year.
He’s accused of lying to investors about electric truck maker’s progress and capabilities.
The aim is to increase production in what’s currently a largely manual process.
Adjacent property is sold to facilitate the transaction.
The partnership will allow Mercedes-Benz to connect passenger car plants to the Microsoft Cloud to make vehicle production more efficient, resilient and sustainable.
New EV maker dinged by big recall due to loose fastener.
Certified pre-owned sales fell over 11% year-over-year in September and are off 5% since August, finds a Cox Automotive analysis of Motor Intelligence data.
DealerPeak introduces "data warehouse" feature
These challenges were designed to give F&I and sales professionals an opportunity to showcase their skills to the DealerTech Summit and Industry Summit audience.
Carmaker has best quarter of year despite overall industry problems.
Officers arrest five in late-night incident at Washington state store.
An economic downturn could put all automaker’s, even those making luxury autos, earnings to the test.
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