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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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ADT Magazine
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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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Vietnamese EV-maker has filed for IPO to fund a manufacturing plant in North Carolina with a projected capacity of 150,000 EVs a year.
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After the slowdown in depreciation during the week of Thanksgiving, the depreciation picked up the pace once again last week, but the overall market did not experience the level of declines seen before the holiday.
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Report shows several market pressures resulted in shift. Battery packs cheapest in China.
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German carmaker opens first-ever store dedicated to EVs.
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Groups in three states file complaints over required investments, restrictions.
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Its EV lineup, though, surges, positioning it just behind Tesla, brand says.
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36 states alleged the used-car retailer sold cars with open safety recalls without letting buyers know.
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Helped by improved inventories, they could help make up for retail sales slowed by larger economic conditions.
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Mazda Motor Corp. reports sufficient parts inventories will keep production status quo despite COVID lockdowns at Chinese suppliers.
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