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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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The number of vehicles canceled from automaker production schedules worldwide due to the shortage now exceeds 2 million, according to AutoForecast Solutions.
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Automakers have urged Congress to lift a cap on the $7,500 electric vehicle tax credit.
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Profits Creation provides F&I products and sales support to automotive dealers across the southeast.
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The CarPlay upgrade will move the software from an infotainment system to a software solution that lets drivers control parts of their vehicle and access more operational information.
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U.S. auto safety regulators investigate whether a New York Ford dealership delivered a new vehicle with an outstanding safety recall.
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All major market segments saw seasonally adjusted prices that were higher year over year in May, except for pickups.
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The overall market continued to see positive movement last week, but some of the segments that have been catching our eye in recent weeks for their pricing movements are now doing so for different reasons.
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State dealer associations in some states have proposed new language in franchise laws to address new concepts in the industry such as over-the-air service updates and vehicle reservations.
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With an improved chip supply, carmakers are at work whittling down order backlogs.
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The window to get the world’s road emissions to carbon neutrality by 2050 is ‘closing quickly,’ BloombergNEF (BNEF) says in its latest Electric Vehicle Outlook.
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