Tag: automotive industry trends
NHTSA green lights Massachusetts vehicle data law
The National Highway Traffic Safety Administration (NHTSA) has green lit a Massachusetts law making car manufacturers share vehicle data with third-party service centers after...
Electric vehicle lease cheaper than leasing or buying gas-powered model
A new study claims that an electric vehicle lease is more affordable than purchasing or leasing a gas-powered car.
Car prices have risen steadily since...
The frontlines of retail automotive: what dealers are seeing — Katie...
From mom-and-pop dealerships to larger auto groups, the changing retail automotive landscape has impacted businesses big and small. But how are dealers on the...
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...
Opinion | California’s power grid conundrum: are EV batteries the solution?
California, known for its progressive environmental policies, is grappling with an electric grid crisis. Recent brownouts and electricity disruptions, reminiscent of those seen in...
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...