Tag: automotive news
AutoNation exits bidding war for UK’s Pendragon
AutoNation on Tuesday rescinded its offer to purchase U.K.-based automotive retailer Pendragon, roughly three weeks after joining a bidding war composed of America's largest...
Giving business owners a voice: why this M&A advisor is running...
As business owners, dealers have the ability to make an immense impact on their communities through their professional connections, wealth, and large customer base....
Affordable car prices, wage growth negate rate hikes in September
Car buyers enjoyed a more affordable new vehicle market in September in spite of rising interest rates and economic headwinds.
According to Cox Automotive's monthly...
Auto lobby group warns fuel-efficiency standards would raise car prices
The Alliance for Automotive Innovation, a lobby group representing major U.S. automakers, including the Detroit-Three, has submitted a new challenge to the National Highway...
Has the United Auto Workers strike gone too far? — John...
The historical United Auto Workers strike continues to expand as more manufacturing employees are called on to join the picket line. With no sign...
Stellantis, Ford lay off 1,250 employees after United Auto Workers update
Stellantis and Ford launched a new wave of layoffs at facilities in Indiana, Ohio, Illinois and Michigan as the United Auto Workers union enters...
Filipina dealership GM receives award from Ally Financial, NAMAD
Ally Financial and the National Association of Minority Automobile Dealers (NAMAD) have recognized Filipina dealership general manager Gabrielle Abinion for her inspirational leadership and...
The long-term impacts of rising interest rates — Tom Maoli |...
As dealers navigate the ever-changing headwinds of today's automotive landscape, many are worried about the effects of rising interest rates on consumers. Although inflation...
Introduction to cloud marketing: the power of personalized shopping
Cloud marketing has become a normal but crucial facet of modern digital retail, but the automotive industry has yet to truly grasp its utility....
Electric vehicle sales race forward in Q3, Tesla market share declines...
Electric vehicle sales accelerated for legacy automakers in the third quarter, raising new questions about the market's future top players.
According to Cox Automotive, electric...