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Vehlo acquires Rapid Recon and Velocity Automotive

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KNOXVILLE, Tenn., January 23, 2023 — Vehlo, a leading provider of software and financial solutions for the automotive repair industry, today announced the acquisition of...

LG and GM have discontinued their partnership on a fourth battery...

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After failing to reach an agreement on specifics for the fourth plant, General Motors and LG Energy Solution have tentatively abandoned plans to build...
auto manufacturer website satisfaction J.D. Power

Auto manufacturer websites becoming more important to vehicle shoppers, J.D. Power...

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TROY, Mich. 9 Jan. 2023 — As auto manufacturer websites become increasingly important to shoppers, overall satisfaction for manufacturer websites is also growing, up...
Stellantis EV costs

CEO Carlos Tavares says Stellantis might shutter more auto plants, cites...

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Carlos Tavares, CEO of Stellantis, warned on Thursday at CES 2023 that more car factories might close if high electric vehicle (EV) prices drive...

Meet the new ‘Afeela’ EV prototype from Honda and Sony

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Harnessing its vast entertainment content, Sony unveiled a prototype of the new “Afeela” electric vehicle it will build with Honda. Ultimately, Sony is looking...
APCO Holdings F&I

APCO Holdings, LLC, acquires National Auto Care, creating nationwide F&I force

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NORCROSS, Ga.—January 3, 2023— APCO Holdings, LLC, a leading provider and administrator of automotive F&I products and home to the EasyCare and GWC Warranty...
Cox Automotive, microchip shortage

As the clock winds down on a year steered by tight...

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ATLANTA, Dec. 19, 2022 – With the start of the New Year just weeks away, the Cox Automotive Industry Insights team offers its expectations...
prices

Auto retailers poised to handle inflated vehicle prices on rising materials...

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Emptying car lots have been a challenge for dealerships in the hot selling season, but higher profits have been a boon on the backs...
catalytic converter

What can car dealers do about rampant catalytic converter thefts at...

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Last week, the Bill Barth Kia dealership reported that they were the target of a thief that stole three catalytic converters and damaged four...
fulfillment centers

Could Auto Retailers Copy Amazon’s Model for Fulfillment Centers?

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Online retail giant Amazon and Simon Property Group Inc. are in talks to use empty retail locations in malls as depots and fulfillment centers,...