Ford Motor Co. reported record second-quarter 2025 revenue of $50.2 billion, up 5% year-over-year, driven by strength in its commercial Ford Pro unit and growing electric vehicle sales. However, the...
On Wednesday, Mercedes-Benz reported it will pause U.S. deliveries of its EQ electric vehicle lineup and reduce prices on several EQ models due to slowing demand and excess inventory at...
BMW reported a 32% decline in second-quarter pretax earnings to $3 billion (€2.6 billion) but reaffirmed its full-year 2025 forecast, citing advantages from its large U.S. manufacturing footprint amid new...
Franchise dealerships are proving resilient in 2025, as profitability rebounds despite ongoing challenges in the new-vehicle market. In today's episode of Inside Automotive, Kevin Tynan, director of research at The...
Car payments hit a new record during the second quarter. With high interest rates and higher sticker prices, car ownership is becoming increasingly expensive, deepening the affordability crisis. On today's...
As artificial intelligence (AI) rapidly reshapes the automotive retail landscape, President and founder of eDealer Solutions, Jen Suzuki, urges dealership leaders to embrace digital transformation, not just with tools, but...
Atlanta., July 29, 2025 (GLOBE NEWSWIRE) -- The Porsche Taycan model range has been selected as the EV of the Year for 2025 by Car and Driver magazine. The 2025 Car...
Fullerton Auto Group in Somerville, NJ, sold its multi-franchise operation to Performance Auto Group. Haig Partners served as the exclusive sell-side advisor.
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Chesrown Automotive, led by the Gill family, acquired three Germain Motor Company dealerships and rebranded them in early June.
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ATLANTA – July 29, 2025 – Cox Automotive has signed an agreement with BSC America (BSC) indicating the intent to acquire its Bel Air Auto Auction near Baltimore, Maryland and Tallahassee...