The number of new-car dealerships in the U.S. increased by nearly 1% in 2024, reaching a total of 18,311 as of January 1, according to the 2025 Automotive News Dealer...
The Walters family has officially passed the torch of Bob Mayberry Hyundai in Monroe, N.C., to Pablo River Partners, marking the end of their long-standing involvement in the automotive retail...
Tesla has lost almost all of its post-election gains as shares decline for the seventh consecutive week, marking the longest downturn in its 15-year history as a public entity. Last...
Ford Philanthropy and Ford Dealers have announced a $4 million investment in their automotive technician scholarship program, aiming to address the growing national shortage of skilled workers.
The initiative will...
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Tesla's stock struggles amid investor concerns. Read More
Ford expands auto technician scholarships with $4M investment amid shortage. Read More
Toyota extends production halt following fatal supplier incident. Read More
Manheim used...
Toyota has temporarily suspended production at multiple facilities following a fatal explosion at a key supplier’s plant in Aichi Prefecture, Japan. The March 6 blast at Chuo Spring's Fujioka plant...
According to the latest Cox Automotive Manheim Used Vehicle Value Index (MUVVI), wholesale used vehicle prices declined in February compared to January on a mix, mileage, and seasonally adjusted basis....
The rising costs and lack of transparency on third-party classified listing platforms are becoming a significant concern for dealers. In a recent LinkedIn post, Andy Wright, managing partner at Vinart...
In the automotive industry, diversity, equity, and inclusion (DEI) efforts continue to face both progress and challenges. Cheryl Thompson, founder and CEO of the Center for Automotive Diversity, Inclusion, and...
Chico, CA, March 04, 2025 (GLOBE NEWSWIRE) -- Work Truck Solutions®, a leading software provider for the commercial vehicle industry, today announced that it has secured a strategic majority investment from...