Tag: auto sales
Cargo ship fire threatens thousands of VW Group vehicles bound for...
As of Friday, a cargo ship carrying nearly 4,000 vehicles destined for the United States was on fire and adrift in the Atlantic Ocean....
Sonic Automotive Pres. Jeff Dyke on record earnings: ‘we’re not slowing...
Sonic Automotive, one of the auto industry's top performers, had an incredible 2021. The expansion of its pre-owned brand EchoPark Automotive, the acquisition of...
Carter Myers Automotive Pres. Liza Borches shares her vision for 2022...
Dealers across the country have ushered in new goals and intentions for their operations in this new year. Carter Myers Automotive has continued to...
Customers pay over MSRP for most purchases in January, report finds
In a seller’s market, holding firm on price is expected. For four out of every five car buyers in January, the dealership where they...
As border blockade ends, carmakers have ground to make up
The Ambassador Bridge is once again flowing between the United States and Canada after a week-long blockade was removed by Windsor Police. However, the...
Cox Automotive’s Dale Pollak shares his best practices for sourcing used...
Dale Pollak grew up a dealership kid in Indiana and worked alongside his father Les, to learn the car business. Dale ran his own...
State laws introduced to curb catalytic converter theft
In Washington State, catalytic converter theft increased 3800% from 2019 to 2020. Such a shocking rise in blatant thefts has given rise to a...
3 tips to help drivers avoid cold weather mishaps
With the majority of U.S. consumers back on the road driving every day, unexpected weather changes and frigid temperatures offer an opportunity to provide...
January U.S. auto sales: Low inventory still cause for concern; transaction...
2022 U.S. auto sales kicked things off with a SAAR (seasonally adjusted annual rate) of 15.2, the highest monthly SAAR reported since June of...
Dealer Principal Lawrence Vaughn’s hard work is paying off big time
This Black History Month, we are celebrating the diversity that exists within our industry while also recognizing the disparities and the need to be...
