Tag: Dealerships

Startup Tekion became a car dealer to refine its tech

The enthusiasm about dealership ownership from Vijayan’s executive team today stands in contrast to the mixed reactions the Tekion CEO got when he first floated the idea back in late 2019. Investing money

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Asbury Automotive sells Acura car dealership in Texas

Umansky Automotive in April sold five stores in Charlottesville, Va., to Flow Automotive Cos. Umansky Automotive also has stores in California, Mississippi and Wisconsin. Asbury CEO David Hult, in a statement, said the

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Franchised Dealerships Gain Market Share

Dealers were responsible for nearly one third of the total BEV sales in Q1 2023. May 17, 2023 at 4:13pm ET The latest report about car sales in California brought up very interesting

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Peter Warren spends $45m on new dealerships

ASX-listed car dealer Peter Warren Automotive is positioning itself to capitalise on Australia’s best-selling car, the Toyota HiLux, driving its growth plans. Peter Warren has gained approval from Toyota to acquire a majority

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Why country drivers stalled on EVs

Regional motorists haven’t joined the stampede for electric vehicles – and there’s good reason, says the man who’s taken the keys at one of country NSW’s landmark dealerships in Coffs Harbour. Coffs Harbour

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US Auto Sales closes suddenly, some customers scrambling for answers – WSOC TV

CHARLOTTE — Some car buyers are scrambling for answers after another used car dealership closed suddenly. Dishane Tuttle says his Chrysler 300 looks nice on the outside, but it needs a catalytic converter.

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Used Car Wholesale Prices Drop Significantly

Used cars are in short supply, but their prices may drop soon, anyway. The wholesale prices car dealers pay at auction for the used cars they later sell decreased 3.0% in April from

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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.

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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.

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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

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