Tag: dealership news
California asks for EPA approval on ambitious electric vehicle requirements
California legislators representing the nation's largest electric vehicle market are seeking clearance from the Environmental Protection Agency (EPA) to place an effective ban on...
Indiana courts GM and Samsung EV battery plant with tax incentives
General Motors and Samsung SDI are poised to build their first joint-venture electric vehicle battery plant in Indiana, after local officials approved massive tax...
More Than Cars: The docuseries dismantling dealership stereotypes
"More Than Cars" is a new docuseries produced by TrueCar and Automotive State of the Union (ASOTU), which seeks to challenge dealership stereotypes. On...
Ford reveals plans to ramp up EV production and boost profits
On May 22, Ford presented its case to Wall Street at an investor event by outlining its plan to build millions of EVs while...
Dealer charges drivers by minute to use new EV charging stations
A Michigan dealership has adopted a payment system making electric vehicle charging more expensive for local drivers.
Initially, Williams Hyundai of Lansing, Michigan, charged customers...
Dealership valuation trends: Has it become more difficult to sell? —...
Dealership valuations have become challenging to decipher in the post-COVID economy. On this episode of Inside Automotive, CBT News anchor Jim Fitzpatrick is joined...
Massive EV demand stifled by prices, driving range concerns
New research from professional services provider KPMG has shed more light on the relationship between electric vehicle hesitancy and the market's limited ability to...
Ford announces several new deals with lithium suppliers
Ford has revealed multiple agreements with lithium suppliers which it says will allow for a massive increase in electric vehicle production.
Five partners were named...
Dallas dealer partners with high school to boost attendance with car...
In Dallas, Texas, a used car dealership gave away a 2016 Jeep Patriot to a high school sophomore with perfect attendance.
Faith Family Academy, a...
McGovern Automotive adds CDJR dealership, Asbury sells Acura store in Texas
The buy/sell market for dealerships is a dynamic environment influenced by various factors, including economic conditions, consumer preferences, manufacturer requirements, and regulatory changes. Despite...