Tag: car dealership news
Unsold used car inventory increases, driven by higher sales and lower...
According to vAuto Available Inventory data from Cox Automotive, unsold used car inventory closed higher in 2023 than it did in February.
At the beginning...
A closer look at the digital revolution happening in the F&I...
The era of cumbersome approval procedures and conventional paperwork is over. The F&I office of today operates in a time of digitization, personalization, and...
How to avoid fraudulent warranty reimbursement – Attorney Len Bellavia
For years, dealers have been challenged with receiving fair compensation for retail warranty reimbursement. However, nowadays, franchised dealers in all states are protected. On...
Ford prepares white-collar workers to fulfill part orders as UAW strike...
Ford is gearing up for its white-collar salaried employees to walk off amid United Auto Workers, UAW, strike concerns next month, according to initial...
GM cuts engineering roles as a part of “winning with simplicity”...
By cutting and reallocating around 200 engineering employees, General Motors is moving forward with a new strategy that promises to simplify and lower the...
How Ken Garff Auto Group is fusing its mainland culture with...
Automotive powerhouse Ken Garff Automotive Group, number nine of the top 150 dealership groups, recently expanded its portfolio on the islands of Hawaii. On...
GM delivers on promise to build affordable EVs, starting with its...
General Motors hopes a new all-electric version of the Cadillac Escalade can spark the same success for a new generation of affluent purchasers, 25...
Car dealer donates $25 million to establish cancer center at Texas...
El Paso car salesman Steve Fox claimed he negotiated the deal of his life when he was diagnosed with severe tongue and throat cancer...
Mercedes-Benz dealerships owned by Bill Ussery sell for $150 million
Bill Ussery Motors has sold its Mercedes-Benz of Cutler Bay and Mercedes-Benz of Coral Gables dealerships for a total of $150 million.
The price of...
Manheim caught a significant decline in wholesale pricing for used cars
On a mix, mileage, and seasonally adjusted basis, wholesale used-vehicle prices dropped 4.2% from May to June. Manheim's Used Vehicle Value Index (MUVVI) fell...
