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Dealership Profits Decline
While new and used retail sales stagnated, dealerships have been particularly supported by fixed operations and finance-and-insurance profits, according to a new report.
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SEARCHMENUSEARCHWhile new and used retail sales stagnated, dealerships have been particularly supported by fixed operations and finance-and-insurance profits, according to a new report.
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Forecast shows rising sales, inventory, and good 2023 outlook.
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With the holidays approaching, auction lanes are following the trend of past weeks of being slow.
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Controversial rules on battery component sourcing anticipated by carmakers.
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Toyota Motor Corp. President Akio Toyoda says there is a silent majority who question whether automakers should pursue electric vehicles exclusively.
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The automaker’s top of the line Touring model Accord will come with “Google built-in” in 2023.
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But multiple obstacles stand in the way of widespread adoption.
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Court rules that Hyundai’s discretionary allocations weren’t unreasonable.
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Implore transportation secretary to work with carmakers to deploy connected-car technology.
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