Tag: investment
Buick retailers refuse new EV rules, sell dealerships back to company
Buick retailers are apparently refusing to comply with the automaker's EV rules.
Earlier this year, the GM subsidiary had notified dealers of the eligibility requirements...
Buick to require $300,000 minimum from dealerships hoping to sell EVs
Buick dealerships hoping to sell EVs will be required to make a $300,000 minimum investment.
The money will fund upgrades to the investing dealer's training,...
Citigroup shows tentative support for auto-retailer Carvana
As analysts struggle to predict the future of the auto-retailer, Citigroup has labeled Carvana's stock as "neutral."
The brand saw massive profits in 2021 as...
Carvana betting on online car sales with $500 million investment
The second-largest online auto retailer Carvana highlighted plans to invest another half-billion dollars into its business model. The massive investment comes after a very...
Toyota investing $210 million in West Virginia engine production
On Thursday, Toyota Motor Manufacturing West Virginia (TMMWV) announced plans to upgrade the Buffalo facility to expand upon engines produced for their vehicles. An...
Major announcement Tuesday by General Motors focuses on EV development
On Tuesday, Oct 20, General Motors held a virtual media event to announce a multi-billion-dollar investment into six of their manufacturing facilities. At the...
Buy Here, Pay Here is the Investment Opportunity You’ve Been Waiting...
We’ve been enjoying the strongest economy we’ve seen in a long, long time. Things are good across a great many industries, the auto sales...
Do You Have Skin in the Game?
If you have some type of investment in something, you're more likely to take it seriously. On this week's episode of On the Mark,...
Why the Age-Based Pricing Model is an Outdated Investment Tool
In a recent news article, Cox Automotive SVP Dale Pollak shared a sneak peak of what he promises to be better metrics for determining...