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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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AE Magazine
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SEARCHMENUSEARCHThe 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 Estimated Average Weekly Sales Rate continued its descent, hitting 58% last week. The Estimated Average Weekly Sales Rate hasn’t been below 60% since February of 2021.
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Ford, BMW say recycled fishing netting going into some parts. BMW says the material has a 25% lower carbon footprint.
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High-level delegations discuss how they can eat into Asia dominance in semiconductors and batteries for EVs
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Napleton Auto Group topped the ranking, followed by Penske Automotive Group in the second spot, and Berkshire Hathaway Automotive in the third.
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Two days of bargaining produce no agreement after employees complain about HVAC system and other concerns.
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Europe, China and North America will each have two plants that will produce round lithium ion cells for BMW.
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Japanese Industry Minister Yasutoshi Nishimura expressed concern that a new U.S. law on tax credits for electric vehicles may violate international law.
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Automakers have shifted to selling vehicles with better profit margins in the U.S. as supply chain shortages and shipping concerns dampen production.
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Sonic Automotive, Group 1 Automotive, the Lou Fusz Automotive Network, Barnes Crossing Auto Group, and Ed Morse Automotive Group all expanded their businesses recently.
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U.S. auto dealers see market weakness driven by inflation, economic anxiety, and tight inventory.
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