For Groves, it seems that a metaphorical switch was flipped at the end of 2022, particularly in October and November. “When you watch new-car lots — mine, anybody else’s — start to pick
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Katie Pocras and Teri Ernst worked together at Nebraska Home Sales, a Lincoln real estate firm where Pocras was a co-founder and Ernst was an agent and partner. Both women also are entrepreneurs
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A used car dealership has been shut down and its owners charged with fraud for making more than $70,000 from fraudulent sales, according to state police. Ilham Driouich, 23, of Enola, and Anas
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“In 2023, it will be more about the inflationary components that are not raw material related, so more about labor, logistics and energy,” the CFO said. The company is already in talks with
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What might seem like a good deal now could turn into a headache later © Provided by Consumer Reports By Devin Pratt It is a tough used-car market, making it difficult to find
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If it feels like it used to be easier to find used cars that were both affordable and appealing, that’s because it was. The average price of a used car soared beyond $30,000
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Photo: Brandon Bell (Getty Images) A new study shows that more and more car buyers are pre-ordering their vehicles online rather than just buying them off the lot. Despite the change in the
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“In 2023, it will be more about the inflationary components that are not raw material related, so more about labor, logistics and energy,” the CFO said. The company is already in talks with
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The factory flow of new vehicles appears to be picking back up at last, promising dealers an improved inventory for 2023 and beyond. But used cars and trucks might be a different story.
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The U.S. auto industry is expected to suffer a massive decline in total dealership gross profits this year, but it is still expected to finish with the third-best profit level in history as
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