
California Store Has New Owner
The longtime dealership in the northern part of the state is known for robust fleet sales and has served the state capital for 115 years.
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The longtime dealership in the northern part of the state is known for robust fleet sales and has served the state capital for 115 years.
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Volkswagen AG reported its cash flow fell short of expectations as supply chain snags led to higher unsold inventory at year’s end.
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The AG’s Office settled with Toyota Motor Credit Corp. for illegal auto finance collection practices and Hometown Auto Framingham for discriminatory prices of add ons.
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Revenue also up for year. Q4 profit, meanwhile, falls due to market shifts.
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Biden’s green-tech offerings so far more attractive for investments than Europe’s idea.
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The reduction in weekly depreciation that started a couple of weeks ago continued again last week, with the market reporting the lowest overall depreciation we have seen since the end of June 2022.
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Refreshed alliance gives Nissan equal footing in two-decade partnership.
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Defying market headwinds, dealer groups plan to spend excess cash.
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Dealers report elevated prices, a lack of affordable vehicle models, and higher interest rates are pricing many consumers out of new cars.
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Ford tries to reverse losses while GM looks to further strengthen position.
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