Two of Volkswagen's premium brands, Porsche and Audi, are issuing recalls for versions of their 2023 EVs, including the Taycan and e-tron GT. Due to a lack of battery sealant,...
Innovation and adaptation are crucial for car dealers to navigate today's auto market. But every time retailers acclimate to their industry's evolution, something new comes along to shake their confidence,...
Many car dealers have already achieved their sales goals for the month thanks to high demand, strong pricing and effective strategies guiding their business. But for retailers falling behind on...
New car supply rose in August to its highest point since April 2021, but an increasingly probable strike by the United Auto Workers union threatens to undo this progress in...
Auto loans were easier to obtain in August, according to the latest credit availability data from Cox Automotive.
Overall loan access improved from July by 1.8%, pushing credit availability scores to...
As the retail automotive industry evolves, dealerships recognize the importance of personalized shopping experiences and sales strategies. On today's episode of CBT Now, we're joined by Jennifer Suzuki, acclaimed sales...
Toyota dealers are set to gather for their annual National Dealer Meeting later this month, where they will learn more about the direction of the franchise and the new products...
Asbury Automotive Group today announced plans to acquire Jim Koons Automotive Companies, making it the largest acquisition to be seen in the dealership buy-sell market since 2021. The transaction will...
Asbury Automotive Group has agreed to purchase Jim Koons Automotive Companies, marking the first dealership group merger of this size since 2021.
According to a press release, the transaction will integrate...
The United Auto Workers union received a counteroffer from General Motors, which included a proposed 16% wage increase for the top earners in its facilities and a 56% pay increase...