Tag: dealership news
Polestar secures financing, delays earnings, operations report
Swedish electric vehicle brand Polestar announced today it had secured millions in external funding as it shared encouraging news of its finances and business...
Chrysler recalls more than 330,000 Jeep Grand Cherokee vehicles
Chrysler is recalling over 330,000 Jeep Grand Cherokee models due to a critical steering issue that could lead to loss of vehicle control.
The recall...
Jaguar Land-Rover owner to build biggest battery manufacturing plant in U.K.
Tata, owner of Jaguar Land-Rover, has confirmed it will invest billions of dollars into the creation of a battery manufacturing "gigafactory" at the Gravity...
Public charging woes dampen EV joy, J.D. Power study shows
The J.D. Power 2024 U.S. Electric Vehicle Experience Ownership Study reported that the availability of public chargers is the least satisfying aspect of owning...
High prices, interest rates no match for digitally savvy dealerships –...
The auto industry has seen high interest rates and vehicle prices, but that's not stopping deals from being made at the dealership. On today's...
How dealers are navigating interest rates on their quest for acquisitions...
The dealership buy/sell market remains active in 2024, with major acquisitions arriving every week. But with economic factors, such as interest rates and inflation,...
How proactive hiring can transform your dealership – Adam Robinson |...
Are you struggling to fill roles at your dealership? If so, then you're not alone. According to a recent report by Hireology, most dealers...
Lithia Motors buys Carousel Motor Group in 9-store deal
The Pohlad family has decided to part ways with Carousel Motor Group, a company it founded 15 years ago. Lithia Motors will scoop up...
Volkswagen, Toyota announce recalls impacting more than 500,000 drivers
Two import car manufacturers announced major recalls this week affecting more than half a million drivers in the U.S.
On Sunday, February 25, Volkswagen confirmed...
Automakers drag feet on sustainable, ethical supply chains in 2023
Automakers made significant progress toward clean, ethical, and sustainable supply chains in 2023 but still have immense room for improvement in the years ahead.
In...
