Tag: auto retailers
Vehlo acquires Rapid Recon and Velocity Automotive
KNOXVILLE, Tenn., January 23, 2023 — Vehlo, a leading provider of software and financial solutions for the automotive repair industry, today announced the acquisition of...
LG and GM have discontinued their partnership on a fourth battery...
After failing to reach an agreement on specifics for the fourth plant, General Motors and LG Energy Solution have tentatively abandoned plans to build...
Auto manufacturer websites becoming more important to vehicle shoppers, J.D. Power...
TROY, Mich. 9 Jan. 2023 — As auto manufacturer websites become increasingly important to shoppers, overall satisfaction for manufacturer websites is also growing, up...
CEO Carlos Tavares says Stellantis might shutter more auto plants, cites...
Carlos Tavares, CEO of Stellantis, warned on Thursday at CES 2023 that more car factories might close if high electric vehicle (EV) prices drive...
Meet the new ‘Afeela’ EV prototype from Honda and Sony
Harnessing its vast entertainment content, Sony unveiled a prototype of the new “Afeela” electric vehicle it will build with Honda. Ultimately, Sony is looking...
APCO Holdings, LLC, acquires National Auto Care, creating nationwide F&I force
NORCROSS, Ga.—January 3, 2023— APCO Holdings, LLC, a leading provider and administrator of automotive F&I products and home to the EasyCare and GWC Warranty...
As the clock winds down on a year steered by tight...
ATLANTA, Dec. 19, 2022 – With the start of the New Year just weeks away, the Cox Automotive Industry Insights team offers its expectations...
Auto retailers poised to handle inflated vehicle prices on rising materials...
Emptying car lots have been a challenge for dealerships in the hot selling season, but higher profits have been a boon on the backs...
What can car dealers do about rampant catalytic converter thefts at...
Last week, the Bill Barth Kia dealership reported that they were the target of a thief that stole three catalytic converters and damaged four...
Could Auto Retailers Copy Amazon’s Model for Fulfillment Centers?
Online retail giant Amazon and Simon Property Group Inc. are in talks to use empty retail locations in malls as depots and fulfillment centers,...