Lotus chief adds dealers as new vehicles are coming
Lotus Cars Managing Director Matt Windle last month visited the company's North American operations, met with dealers and attended the 41st annual Lotus Owners Gathering at a racetrack in West...
Car dealership service business: Strong, with challenges
Some dealership groups are investing to add capacity and efficiency while times remain good.#1 Cochran Automotive in Monroeville, Pa., near Pittsburgh, is adding 27,000 square feet to its existing wholesale...
Swickard Auto strikes gold out west
Haig said his buy-sell firm is seeing a heightened interest in transactions that include partnerships between investors and dealers, with some investors buying majority or minority interests in dealerships, especially...
Mercedes-Benz EQE EV: Made in the U.S.
Meanwhile, at least half of the dealership's EQS sedan sales went to new Mercedes buyers. "We're seeing a lot of Tesla buyers," Focht said.The EQE will be the second made-in-America...
U.S. vehicle inventories at highest point since June 2021
Slowing sales helped inventory levels recover further to 1.32 million vehicles in September, a significant jump over where they were a year earlier but still historically low, according to Cox...
Jeep vows not to commercialize ‘ducking’ phenomenon
One of the biggest attractions at this year's reborn Detroit auto show stemmed from a grassroots movement that began as a way to spread cheer among Jeep owners during the...
Point Predictive, CreditMiner tech helps dealers combat fraud
Frank McKenna, Point Predictive chief fraud strategist, on Sept. 6 told Automotive News nearly every dealership his company has talked to is reporting more fraud. "They're telling us that their...
N.Y. car dealer finds commercial niche
About 75 to 80 percent of the center's customners are new, Mackey said. Some have come to the service center after being turned away from other Ford dealerships in the...
Honda’s U.S. dealers want to be part of Sony Honda venture
A new joint venture formed by Japan's Sony Group Corp and Honda Motor plans to introduce a premium electric vehicle later this decade, and the automaker's U.S. dealers are anxious...
Nikola founder convicted of fraud
NEW YORK - Nikola Corp founder Trevor Milton on Friday was convicted by a U.S. jury of fraud in a case alleging he lied to investors about the electric vehicle...