By Perri Ormont Blumberg Updated Sept. 29, 2023 10:33 am ET Listen to article (1 minute) The United Auto Workers’ strike at General Motors, Ford Motor and Stellantis plants will impact car production
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Photo: Honda It’s no wonder that a used Honda Civic, Toyota Corolla, and Mazda3 are among the most sought-after models on the used market. These are trusty cars that make for great first
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Last Friday, some 5,000 Auto Workers (UAW) at 38 after-market parts distribution centers across General Motors and Stellantis joined the escalating “Stand Up Strike.” Even with the scabs GM has deployed, the dealerships
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CarMax logo is seen in this illustration taken June 27, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Sept 28 (Reuters) – CarMax (KMX.N) on Thursday posted a lower-than-expected quarterly profit, hurt by weakening
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Published: Sept. 28, 2023 at 9:00 a.m. ET U.S. sales of new vehicles are expected to jump more than 13% in September, which would be the second straight month of double-digit sales as
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According to an estimate by Cox Automotive, the robust year-over-year sales recovery continued in the third quarter. Despite rising interest rates on new-vehicle loans and a UAW strike against the major domestic manufacturers,
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The pandemic saw prices go haywire for both new and used cars alike. We’ve seen some cooling in the marketplace since then, but new research suggests that used car prices are still entirely
Read MoreReceive free Pendragon PLC updates We’ll send you a myFT Daily Digest email rounding up the latest Pendragon PLC news every morning. US car retailer AutoNation has offered to buy Pendragon, setting up
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Lithia on Sept. 18 said it planned to buy Pendragon’s dealership and fleet businesses in a $350 million deal. As part of that deal, Pinewood, Pendragon’s dealership management system, would be transformed into
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