Tag: dealership news
New vehicle prices continue falling in February as sales pace accelerates
New vehicle prices dropped again in February, progressing toward pre-pandemic averages while sales and inventory improved.
According to Cox Automotive, the average new vehicle transaction...
Tesla’s Gigafactory Berlin back online after suspected arson
A Tesla Gigafactory close to Berlin has regained electricity after a fire, believed to be caused by arson, disabled a nearby pylon last week.
Following...
Why the demand for F&I products is rising – Adam Marburger...
In the current economic climate, where interest rates are high, and vehicle prices are soaring, more and more consumers are opting for F&I products...
Why this dealership group is expanding its used car operations –...
At a time when large retailers are closing many pre-owned locations, family-owned and operated DCD Automotive Holdings announced that they have purchased a pre-owned...
Tesla leads the pack as used electric vehicle prices plummet
Used electric vehicle prices have plummeted over the last year, driven primarily by Tesla and its efforts to spur demand with better affordability.
According to...
NHTSA investigating Honda over automatic emergency braking issues
Honda is facing a government probe following reports that some of its vehicles' automatic emergency braking systems were causing drivers to crash.
According to a...
New vehicle prices are falling. Why aren’t dealers worried? —...
New vehicle sales are holding steady in the U.S. as dealers prepare for a busy market in the months ahead. Unfortunately, the same can...
Rivian pauses Georgia plant to focus on 3 new electric SUVs
Electric vehicle startup Rivian unveiled not one, not two, but three new battery-powered SUVs during a presentation hosted by founder and CEO RJ Scaringe...
President Biden talks UAW, skips EVs in State of the Union...
During his final State of the Union address before the 2024 White House election, President Joe Biden highlighted his administration's alliance with the United...
Stellantis dominates February sales in electrified, European markets
Stellantis has announced a sustained growth trajectory in sales, a trend initiated last year and sustained throughout 2023. In February, the company disclosed an...
