Robert Potamkin, retail automotive legend and co-chair of the Potamkin Automotive Group, passed away on November 30 at the age of 77.
He leaves behind his wife of 43 years, Lexie,...
The car market is slowly falling back into its old habits, which means more competition, increased incentives, and bigger automotive marketing budgets. But when it comes to marketing, whether on...
Tesla plans to boost pay at its Nevada Gigafactory in 2024, becoming one of the last non-unionized automakers to increase compensation in the aftermath of the United Auto Workers (UAW)...
Sales of certified pre-owned (CPO) vehicles increased in November on a year-over-year basis but fell just short of October's pace as the retail automotive sector contends with modest end-of-year slowdowns...
On December 18, Trevor Milton, the founder of Nikola, an electric and hydrogen-powered truck manufacturer, was given a four-year prison sentence. Earlier this year, a jury found him guilty of...
After a tumultuous year, dealers are speculating over what the New Year has in store for the retail automotive sector. Will the industry continue to see pre-pandemic conditions return, or...
Throughout the year, dealership financing and insurance (F&I) departments have been navigating tough issues from high interest rates to increased frustrations with the car-buying experience. Going into 2024, dealers will...
While electric vehicle sales are still on track to grow in 2024, analysts have grown more cautious toward the segment following a disappointing year of unexpectedly timid demand and disillusionment...
With vehicle prices on the rise, affordability has become a growing concern for several buyers. To help address this issue, American Honda believes it found a solution by launching a...
On December 15, the National Highway Traffic Safety Administration's (NHTSA) interim director, Ann Carlson, announced that she was resigning, effective December 26.
Before her departure, she oversaw the agency's investigations...