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The acquisition by Lithia Motors, set to close within the next six to eight weeks, represents a pivotal moment for Carousel Motor Group.

Lithia Motors buys Carousel Motor Group in 9-store deal

The Pohlad family has decided to part ways with Carousel Motor Group, a company it founded 15 years ago. Lithia Motors will scoop up...
This year's Consumer Reports Top Picks certainly show the auto industry's shift to greener transportation. See which cars made the list here!

Hybrids shine in Consumer Reports’ annual top automobile picks

Consumer Reports (CR) has revealed its much-anticipated annual Top 10 List for the best new cars, trucks, and SUVs. There appears to be a...
Volkswagen and Toyota announced recalls this week over issues creating fuel leaks and unexpected movements in thousands of vehicles.

Volkswagen, Toyota announce recalls impacting more than 500,000 drivers

Two import car manufacturers announced major recalls this week affecting more than half a million drivers in the U.S. On Sunday, February 25, Volkswagen confirmed...
A new study highlights the slow progress automakers are making toward sustainable and ethical supply chains.

Automakers drag feet on sustainable, ethical supply chains in 2023

Automakers made significant progress toward clean, ethical, and sustainable supply chains in 2023 but still have immense room for improvement in the years ahead. In...
Group 1 owns and runs 200 car dealerships, 262 franchises, and 43 collision centers in the U.S. and the U.K.

Group 1 acquires 2 high-volume Lexus stores in California

Group 1 Automotive, one of the nation's largest and top-selling automotive retailers, announced the acquisition of Newport Lexus and Tustin Lexus from Wilson Automotive. The...
Experts expect vehicle affordability to remain a problem in 2024. Check out my conversation with Lotlinx CEO Len Short to find out why.

2024 auto industry steers through vehicle affordability, inventory roadblocks

As the automotive retail industry settles into 2024, there's cautious optimism about returning to 'near-normal' vehicle inventory levels. This is a welcome change from...
Charlie Chesbrough joins CBT Now to discuss the January automotive market and what it can tell dealers about the months ahead.

Automotive market forecast: trends, challenges, and opportunities in 2024 — Charlie...

The automotive market performed astonishingly well in 2023, exiting the year mostly unphased by inflation challenges, rising interest rates, labor strikes, and the electric...
S&P Global Mobility's Annual Automotive Loyalty Awards highlights the automakers, models and dealers that continue to win customers' hearts.

Automotive brand loyalty winners fend off retention woes in 2023

Brand loyalty remains a critical factor in automotive marketing but has been declining for several years, making events such as S&P Global Mobility's Annual...
BYD claims its upcoming $233,000 U9 luxury electric supercar can reach top speeds of 192 miles per hour, outpacing select Ferrari models.

New BYD luxury electric ‘supercar’ to rival Ferrari

China-based car manufacturer BYD has revealed new details and a launch timeline for its new premium electric "supercar," the U9, which it claims can...
Andy Guelcher joins Inside Automotive to discuss how Chevrolet dealers are navigating the challenges of today's car market.

How the dealer-OEM relationship affects customer experience — Andy Guelcher |...

Chevrolet is one of the most well-known General Motors brands, whose dealer body sets the standard for auto-retailing excellence. However, as the industry has...