A dealership sign is seen outside of Honda certified used car dealership in Schaumburg, Ill., Thursday, Dec. 16, 2021. Prices for used cars have soared so high, so fast, that buyers are being
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Group 1 noted a 14 percent rise in parts-and-service gross profits, and Kenningham said the retailer’s ongoing investments in technician hiring and technology innovation helped. “We continue to invest in after-sales and believe
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There is some good news if you’re in the market for a used car. After supply chain issues pushed used car prices up dramatically in 2021 and 2022, the hot market has started
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Pleasant Journey Used Cars, known for no-negotiation prices and long warrantees, will soon close its Northampton shop after being in operation since the 1980. Jack Davey, who co-owns the business with his wife
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The International Energy Agency says electric car sales are booming. In a report issued on 26 April, the IEA said global sales are on course to jump 35% this year. However, according to
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McLaren’s freshest supercar, the 750S, is also the lightest, most powerful production model in the British marque’s lineup. The 750S, a performance and styling evolution of the 720S, which it replaces, borrows design
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Asbury Automotive Group Inc.’s net income dropped 24 percent to $181.4 million and its revenue fell 8.4 percent to $3.58 billion during the first quarter as the national auto retailer operated with fewer
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Last week, the dealer group’s usautosales.info website contained a pop-up declaring, “We have temporarily closed our dealerships and are working on a solution to reopen them as soon as possible. But don’t worry,
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New and used vehicles are a lot easier to find this year, now that supply chains are moving again. But now, car buyers may face another hurdle: getting a loan. Earlier this week,
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LAWRENCEVILLE, Ga. — After announcing Monday they would be abruptly shutting down its business temporarily, Southeast car dealer giant U.S. Auto Sales is officially shuttering its operations. The news came down Sunday evening
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