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Newsby StaffAugust 26, 2021

Prime Automotive Group Puts Dealerships Up for Sale

The entire Prime Automotive Group portfolio will be sold as a platform, hoping to close a transaction by year’s end.

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Newsby StaffAugust 26, 2021

California, Texas Acquisitions Continue Lithia Growth

Lithia Motors Inc. adds a large-volume Honda store in Southern California and two import dealerships near Dallas, Texas.

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Newsby StaffAugust 26, 2021

Taiwan Sends Assurances Over Chip Shortage

Taiwan is at work to address the global shortage of semiconductors, reported Economy Minister Wang Mei-hua after meeting with the newly appointed de facto U.S. ambassador in Taipei.

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Newsby StaffAugust 24, 2021

New Vehicle Financing Returning to Pre-Pandemic Levels

Inventory shortages continue to push average loan amounts and monthly payments for used vehicles higher.

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NewsAugust 19, 2021

EV Startups Adopt New Approach to Manufacturing

EV companies, Arrival and Fisker, embark on paths designed to circumvent production challenges experienced by Tesla.

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Newsby StaffAugust 19, 2021

Urban Science Report Predicts Dealership Throughput Rebound

Urban Science’s midyear Automotive Franchise Activity Report puts average throughput at 910 new vehicles per store this year.

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Newsby StaffAugust 17, 2021

Black Book: Weekly Market Update

Days-to-turn for used retail listings have been increasing, as retail demand softened over the last few weeks.

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ArticlesAugust 17, 2021

How Dealers Can Prepare for a Possible Corporate Tax Increase

With strategies in mind, dealers will be better equipped with the right participation program and F&I product portfolio to meet the needs of their business strategy.

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Newsby StaffAugust 12, 2021

$1 Trillion Infrastructure Package Adds In Auto Safety, EV Provisions

The U.S. Senate passed a $1 trillion infrastructure bill on a bipartisan 69-30 vote. The vote came after months of negotiations and debate.

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