Franchise dealers have started noticeably competing against large independent dealers for desirable units, but rental partners have really shown their dominance in many lanes, especially for cleaner, low-mileage vehicles.
Supply chain challenges rising from the war in Ukraine could make electric vehicles (EV) more expensive to build as raw material prices shoot up.
Frederick M. Small Insurance Services includes redflagdealer, the agency's proprietary web-based, turnkey compliance program for auto, RV, and powersport dealers.
Acquisition adds complementary portfolio to Asset Protection Division.
The Ukraine War will lower global light-duty vehicle production through next year by millions of units, predicts the automotive research firm.
BMW reports 2022 margins will be lower because of the Russia-Ukraine conflict.
Volkswagen Group will shift production to China and North America after wire harness and other material shortages from Russia's invasion of Ukraine impact European production.
Overall market declines continued last week, but the rate of declined lessened.
February’s CPO result is the highest since October 2021 and interrupts a six-month downward trend.
By sharply reducing fleet sales, Hyundai can deliver more inventory to dealers.
Auto Dealer Today caught up with 2022 Chairman Mike Alford to hear about his plans for the industry, today and over the next 12 months.
BMW will gradually resume production at its Munich and Dingolfing plants next week after suspending production over supply chain shortages.
In January, Tesla Inc. lead U.S. luxury market sales, lapping segment leader BMW in new vehicle registration, finds Experian data.
Facing a slow start to the year, and with concerns over inflation and the economy, automobile dealer sentiment softened in Q1, marking the third consecutive quarter-over-quarter decline in current market sentiment.
The Ukraine invasion has ramped up the price of metals used in vehicles and OEMs likely will pass these costs on to consumers.
Kelley Blue Book editors rank and comment on the 10 Best Back-to-School Cars for 2019, all starting at around $20,000 or less and still available on new-car lots.
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