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Penske Auto Group Deal a Record
The deal to take the dealership and transportation services company private sets a new pace for industry buy-sell transactions.
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SEARCHMENUSEARCHThe deal to take the dealership and transportation services company private sets a new pace for industry buy-sell transactions.
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Automotive leaders huddled on where North America stands in the global picture and how it can strengthen its position against the Asian juggernaut’s surging industry.
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The prototype developed in concert with a South Carolina university engineering team generates more solar energy than it uses in a typical daily commute.
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Florida-based group Holler-Classic has acquired four rooftops, its first in South Carolina, from Dick Smith Automotive Group.
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Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
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As the average car-buying journey has shifted to a blend of digital and retail, a dealership’s vehicle listings must be optimized to answer shoppers’ questions clearly and accurately.
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A July survey shows spotty sentiment of current and future conditions, in addition to demographic differences as overall opinion of present circumstances kept sliding.
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Electrified powertrains led June new-vehicle sales in Europe, reaching 26% of the market.
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Sales and service departments have the highest annual dealership turnover rates, according to a new industry report, costing money and time that could be better spent elsewhere.
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Consumers gave new cars better scores again this year for design, performance and more as mass-market brands kept gaining on premium lineups, JD Power found in an annual poll.
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While the used-car market saw three months of price declines or stagnation, the used EV segment did the opposite – rising for three straight months.
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