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 the dealerships and expand its footprint...
TSLA406.55012.49%
GM76.6500.41%
F13.6100.11%
RIVN18.1201.46%
CYD47.070-0.01%
HMC27.590-0.14%
TM174.320-2.83%
CVNA67.1200.76%
PAG191.4908.97%
LAD311.9809.07%
AN192.3104.66%
GPI302.9608.31999%
ABG211.7306.98%
SAH95.3107.3%
TSLA406.55012.49%
GM76.6500.41%
F13.6100.11%
RIVN18.1201.46%
CYD47.070-0.01%
HMC27.590-0.14%
TM174.320-2.83%
CVNA67.1200.76%
PAG191.4908.97%
LAD311.9809.07%
AN192.3104.66%
GPI302.9608.31999%
ABG211.7306.98%
SAH95.3107.3%
TSLA406.55012.49%
GM76.6500.41%
F13.6100.11%
RIVN18.1201.46%
CYD47.070-0.01%
HMC27.590-0.14%
TM174.320-2.83%
CVNA67.1200.76%
PAG191.4908.97%
LAD311.9809.07%
AN192.3104.66%
GPI302.9608.31999%
ABG211.7306.98%
SAH95.3107.3%
automotive industry news
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 strong preference for hybrid and electric...
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 the recall of 261,257 vehicles over...
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 its second annual automotive supply chain...
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 two high-performing Lexus dealerships are in...
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 the shortages that began in 2020....
Automotive market forecast: trends, challenges, and opportunities in 2024 — Charlie Chesbrough | Cox Automotive
The automotive market performed astonishingly well in 2023, exiting the year mostly unphased by inflation challenges, rising interest rates, labor strikes, and the electric vehicle segment's disappointing performance. Now that...
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 Automotive Loyalty Awards important resources for...
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 compete with luxury sports models from...
How the dealer-OEM relationship affects customer experience — Andy Guelcher | Mohawk Chevrolet
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 continued to evolve, Chevy franchisees have...
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