
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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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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Fed announces fourth consecutive ‘jumbo’ increase in effort to slow inflation.
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Demand for new vehicles in the United States remains strong despite rising interest and loan rates, reported CEO Tomomi Nakamura.
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Used-car retailer misses expectations in face of industry pressures.
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New light-vehicle sales in October 2022 totaled a SAAR of 14.9 million units, the second-highest monthly total this year.
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Business North Carolina recognizes warranties and service contracts provider and administrator.
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New Jaguar Land Rover and Volvo locations expand auto powerhouse’s reach in New York.
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Credit Acceptance boosts loan volume, value but lowers collection rate forecast.
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