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Dealer Opsby StaffOctober 21, 2022

Toyota Cuts Fiscal-Year Production Target

Continuing chip shortage bedevils world’s biggest carmaker, which falls short of a new record.

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Dealer Opsby StaffOctober 20, 2022

Lithia Reports Q3 Results

Profit, revenue were up but short of Wall Street forecasts.

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Auto Financeby StaffOctober 20, 2022

Q3 Ally Car Loan Applications Down But Value Unchanged

CEO acknowledges that greater market woes may be on the horizon.

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Dealer Opsby StaffOctober 20, 2022

BMW Leader Blasts Push to Phase Out Gas Powered Vehicles

BMW Board Chair Olive Zipse says the move will put vehicle ownership out of reach for many people, and could be politically dangerous.

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Dealer Opsby StaffOctober 20, 2022

Biden Administration Awards $2.8 Billion for EV Battery Production

The grants will fund projects designed to boost U.S. manufacturing of electric vehicle batteries and domestic mineral production.

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Dealer Opsby StaffOctober 19, 2022

Black Book: Specialty Market Update

All of the collectible vehicle market segments we track increased in value during the past year, including Muscle Cars, Pony Cars, Post War American Classics, European/Asian Sports Cars, and Classic Trucks & SUVs.

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Dealer Opsby StaffOctober 19, 2022

NADA Board Elects Geoffrey Pohanka as 2023 Chairman

The 65-member board of directors of the National Automobile Dealers Association elected Metro Washington, D.C., area dealer Geoffrey Pohanka.

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Dealer Opsby StaffOctober 19, 2022

Stellantis in the Electric Business

Carmaker says it aims to produce own energy for manufacturing, as it debuts EV Jeep Avenger.

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Auto Financeby StaffOctober 18, 2022

Black Book: Weekly Market Report

Repossessions are beginning to show up in the market and with fuel prices returning to a level last seen in February of this year, the Car segment valuations are taking the hardest hit.

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F&Iby StaffOctober 18, 2022

Hyundai, Kia Reveal Bad Q3 News

Korean carmakers say old recalls still affecting profits.

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