Tag: automotive industry news

Toyota and FuelCell Energy have completed what they call the world's first "tri-gen system," a power generator capable of producing renewable electricity, hydrogen and...

Innovation and adaptation are crucial for car dealers to navigate today's auto market. But every time retailers acclimate to their industry's evolution, something new...

Many car dealers have already achieved their sales goals for the month thanks to high demand, strong pricing and effective strategies guiding their business....

New car supply rose in August to its highest point since April 2021, but an increasingly probable strike by the United Auto Workers union...

Auto loans were easier to obtain in August, according to the latest credit availability data from Cox Automotive. Overall loan access improved from July by...

Toyota dealers are set to gather for their annual National Dealer Meeting later this month, where they will learn more about the direction of...

August, traditionally a significant month for car sales, has offered the auto industry a mixed bag of data. While there's notable year-over-year growth of...

Asbury Automotive Group today announced plans to acquire Jim Koons Automotive Companies, making it the largest acquisition to be seen in the dealership buy-sell...

Asbury Automotive Group has agreed to purchase Jim Koons Automotive Companies, marking the first dealership group merger of this size since 2021. According to a...

The number of franchised minority dealers increased by more than 100 for the second consecutive year in 2022, bringing the national total to 1,476...