Tag: dealership news
Haig Partners represents BMW dealer in 40th northeast sale since 2020
Haig Partners assisted with the sale of BMW of Bridgeport to Mauro Motors in the mergers and acquisitions firm's 40th dealership sale in the...
Tesla to build its own data centers as it scales self-driving...
Electric vehicle maker Tesla is planning to enter the data business with the launch of a "1st of its kind" data center as the...
Stellantis, UAW clash over electric vehicle price points
Leaders from Stellantis and United Auto Workers (UAW) clashed over electric vehicle price points amidst ongoing contraction negotiations between Detroit-Three automakers and union representatives.
Although...
Why dealers are returning to the M&A market after COVID —...
In July, Zeigler Auto Group acquired Elhart Automotive, which includes Elhart's Kia, Hyundai, Nissan and GMC dealerships. On this episode of Inside Automotive, host...
Why dealers should reevaluate their inventory management strategies now — Dale...
Over the last few years, fluctuating production and an unstable supply chain have made it difficult for car dealers to keep their lots stocked....
Examining electric vehicle demand in America’s largest car market — Brian...
The California New Car Dealers Association (CNCDA) recently published its 2023 California Auto Outlook report, shedding light on automotive industry trends and a surprising...
Fisker unveils price tag, limited release for Ronin super GT electric...
Electric vehicle startup Fisker has announced updates to the upcoming Ronin super GT, unveiled earlier this month.
The Ronin super GT, tagged as "the world's...
New car supply sees slight decline in July as demand remains...
New car supply dipped slightly in July as improved manufacturing, higher demand and ongoing scarcity allowed dealers to sell more vehicles at higher prices.
According...
Dealerships embrace AI for loans, yet crave in-person sales impact
Auto lending is a process that is becoming more automated, and dealership finance teams are generally in favor of using new technologies like AI...
Lincoln dealership donates school supplies to teachers in Lancaster, P.A.
A Lincoln car dealership provided school supplies to 40 teachers in Lancaster County, Pennsylvania. Recipients include teachers from Norristown, Malcolm, Waverly, and Lincoln schools.
A...