Tag: automotive industry news
Electric vehicle owners to pay annual $200 fee in Texas starting...
Texas will begin charging electric vehicle owners in the state $200 annually in September, just over a week away.
In addition to the charge, electric...
Anderson Automotive acquires 7 dealerships from MCE Automotive
Anderson Automotive Group expanded its presence in South Carolina with its purchase of several dealerships from MCE Automotive Group.
In its second acquisition for the...
Car owners more satisfied with their vehicles than in 2022
A new automotive study indicates that car owners are more satisfied with their purchases than they were a year ago as manufacturers look for...
Service department volume and revenue shrink in July
Service department performance was mixed in July as both work volume and revenue declined from the previous month.
According to data from Cox Automotive's Xtime...
Why digital titling solutions are crucial for dealership success
Titling can be a complex and time-intensive part of the car purchase process. With strong sales volumes expected in the back half of the...
Group 1 offloads 4 dealerships, Lithia Motors sells last remaining North...
M&A activity has remained strong over the past few weeks, with Group 1 Automotive and other dealer groups making notable buy/sell deals throughout the...
Las Vegas car dealer targeted in real-estate scam over 42-acre site
Jim Marsh, a Las Vegas car dealer, says he became the target of a real-estate scam earlier this year involving a 42-acre plot of...
Lamborghini unveils Lanzador electric vehicle during Monterey Car Week
Lamborghini unveiled its first fully electric vehicle, the Lanzador, during the Monterey Car Week show on August 18.
The new model, advertised as a battery-powered...
NHTSA takes closer look at Ford’s 2022 Mustang Mach-E recall
The National Highway Traffic Safety Administration (NHTSA) has launched an investigation into Ford Motor Company's handling of a 2022 recall that affected nearly 49,000...
California DMV to investigate Cruise, self-driving taxis after traffic incidents
The California Department of Motor Vehicles (DMV) is conducting an investigation into self-driving vehicles operated by Cruise, a robotaxi brand owned by General Motors.
Although...
