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Toyota crosses reduced production target, but stays quiet on new guidance
Toyota passed its fiscal-year production target of 9.1 million vehicles in March, but spoke cautiously on the year ahead.
On April 27, The automaker revealed...
Penske Automotive reveals record revenue and sliding profits in Q1
Penske Automotive published its first-quarter performance numbers on Wednesday April 26, revealing some disquieting financial results on top of record-breaking revenue.
According to the dealership...
Q&A with Toyota dealer Chris Kari: Can daily rentals make fleet...
The cost of courtesy loaner fleets presents a familiar challenge for every dealer: Spend on cars that can win customers and increase some RO...
GM to stop making Chevy Bolt after increasing 2023 guidance
Coming off one of its most successful quarters, General Motors has revised its 2023 guidance to account for greater earnings and revenue than it...
6 of the best automotive marketing strategies to drive more car...
The digital landscape has changed the dealership world significantly over the last 15 years - and even more significantly over the last three. Being...
AutoNation posts declining profits in Q1, will take ‘more cautionary approach’
AutoNation published its quarterly earnings report on April 20, shedding new light on the difficulties facing the dealership group as looks to stay ahead...
The dealership M&A landscape is changing: Is now a good time...
With economic headwinds and the return of competitive pricing at the dealership, many storeowners want to know if now is a good time to...
Surprising shifts in new and used pricing, sales, inventory seen in...
March proved to be an eventful month for the auto industry as the pricing, inventory and sales dynamics surrounding new and used vehicles changed.
Average...
How this underrated employee benefit is helping dealers shrink turnover
When speaking with people about their personal and business finances I find much of an individual’s stress is caused by the unknown. As the...
Investment firm foresees financial struggles for Rivian, cuts price target by...
Piper Sandler believes that in order to compete with Tesla, Rivian, an EV manufacturer, must address finance issues.
On Thursday, April 13, the company lowered...