Tag: dealership news
Tesla share price continues to plunge as Q1 earnings report looms
Tesla share prices continued to fall this week after a leaked internal memo indicated the company planned to lay off more than 10% of...
Hydrogen fuel cell car sales plummet amidst stiff competition from EVs
The recent uptake of cars based on hydrogen fuel cell technology is declining in the United States, especially in California, where the availability of...
Governors share anti-union statement ahead of key VW vote
Republican governors from six states have issued a statement warning residents against unionization as employees at Volkswagen's Tennessee plant prepare for a vote to...
NHTSA investigates over 3 million Honda vehicles after 47 crashes reported
On April 17, the U.S. National Highway Traffic Safety Administration (NHTSA) made a significant announcement. It revealed that it had escalated its investigation into...
Does America have a used EV problem – or opportunity?
In the US, there are two used cars on the road for every new one. Pre-owned auto sales is big business. Plummeting prices, soaring...
General Motors to move headquarters next year after almost 3 decades
General Motors will move its headquarters from its home of nearly 30 years to the new Hudson's Detroit building located on Woodford Avenue.
The move...
Used car sales skyrocket in March as consumers hunt for deals
Used car demand rapidly outpaced other segments in March, resulting in the highest retail sales volume in two years.
According to Cox Automotive, dealers sold...
Streamlining Title Acquisition: The Rise of E-Titling
In the fast-paced world of automotive sales, time equals money. Every minute spent on paperwork and administrative tasks is a minute taken away from...
Average new car prices dip in March, but affordability remains distant
New car prices dipped again in March amidst a resurgence in inventory and manufacturer incentives.
Kelley Blue Book data indicates the average new car transaction...
Treasury reports U.S. auto dealers get $580M in advance EV tax...
Since January 1, auto dealers have received reimbursement from the U.S. government for nearly $580 million in advance point-of-sale customer electric vehicle (EV) tax...
