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Stellantis earnings decline as sales stagnate in U.S.
Stellantis disclosed a 12% revenue decline to $44.7 billion for the first quarter of 2024 compared to the previous year.
Stellantis attributed the dip to...
New vehicle days’ supply shrinks as affordability drives demand
New vehicle inventory was stable month-over-month in early April due to a sizeable increase in demand but remained far ahead of prior-year levels thanks...
Stellantis pays $100,000 to supplier to prevent factory closures in Indiana
Stellantis recently prevented factory closures by paying a supplier $100,000. The supplier, MacLean-Fogg Component Solutions LLC, had threatened to cease shipping pinions and gears...
Stellantis U.S. sales drop again in Q1 after weak 2023
Stellantis' U.S. sales continued to decline in the first quarter, causing it to bleed market share while other automakers reported strong year-over-year gains.
The European...
Honda dominates KBB’s 2024 Consumer Choice Awards amid post-pandemic market shifts
The car-buying market has struggled for several years due to pandemic-related production issues. However, manufacturers are expected to balance the supply and increase the...
Nissan’s ambitious growth plans, 4 new Jeep concepts, Stellantis cuts salaried...
Inside Automotive
How dealerships are improving the customer experience — Gary Barbera | Barbera’s Autoland
With the rapid onslaught of innovation, technological advancement, and shifts in...
How dealerships are improving the customer experience — Gary Barbera |...
With the rapid onslaught of innovation, technological advancement, and shifts in consumer preferences, dealerships must work harder than ever to stay on top of...
Stellantis forges partnership with CARB in ambitious sustainability drive
Stellantis recently announced that it has partnered with the California Air Resources Board (CARB) as part of its Dare Forward 2030 business strategy. This...
New vehicle inventory shrinks in early March as sales rise and...
Resilient consumer demand in February spurred new vehicle sales forward but dragged inventory levels down from January's above-average supply.
The pace of sales intensified last...
Dealership M&A roundup: Ken Ganley expands in Cleveland, Group 1 sells...
Ken Ganley Automotive Group has expanded its portfolio in Cleveland, Ohio, after buying Bob Gillingham Ford, now known as Ken Ganley Ford Parma, and...