Category: Global

What are car dealership service customers thinking?

“Two years I was driving that shuttle — a Toyota Sienna. We piled this thing up in the morning because we had to drive as many people as we could fit in there.

Read More

CT man killed business partner at New Haven car dealership

NEW HAVEN — A Clinton man admitted to police that he fatally shot his business partner after they got into a dispute at their used car dealership last month, according to court documents.

Read More

April sales up 2.3% but still below pre-pandemic levels

New light-vehicle sales in April were up 2.3 per cent compared with the same period last year, but still below pre-pandemic levels, at an estimated 144,069 units compared with 180,616 in April 2019, according

Read More

Morgan Automotive buys 4 car dealerships, enters Miami

Morgan Automotive Group, one of the largest dealership groups in the country, continued its rapid pace of acquisitions with the purchase of four dealerships in Florida in March and April, chairman Larry Morgan

Read More

Why the Used Car Market Is So Bad, and Won’t Get Better Soon

America’s car market operates in a giant cycle. No one planned it. But an interruption in one part of the cycle affects all the other parts. Waves that rock the new car market

Read More

Stellantis Q1: Sales jump 14% on higher prices

Stellantis said its revenue grew 14 percent in the first quarter on higher shipments, favored by an improvement in semiconductor supply, and strong net pricing power. Net revenues amounted to 47.2 billion euros

Read More

Let’s Stop Taking Car Buying Advice From Celebrity Finance ‘Experts’

The car market is improving but things are still rough for most buyers and of course celebrity “finance experts” are happy to dole out their usual, mostly unhelpful, advice for folks struggling to

Read More

Lucid Air sedan gets a 42-city tour to fan interest

Lucid forecast production this year at between 10,000 and 14,000 cars as part of its February earnings report. Last year, it made 7,180. Lucid will announce first-quarter earnings May 8. The Newark, Calif.-based

Read More

Obituary: Bert Boeckmann, Ford dealer for decades, dies at 92

Born Aug. 21, 1930, in South Gate, Calif., Boeckmann did not initially plan to become a car dealer. He attended the Reserve Officers’ Training Corps in college and thought about serving as a

Read More

NIO Electric Car Sales Increased In April 2023 By 31%

A new wave of models is entering the market. May 01, 2023 at 2:20pm ET NIO once again increased its global electric vehicle deliveries in April. Last month, the Chinese premium EV start-up

Read More