Tag: car business
GM buys out dealers, Daihatsu halts shipments, dealer legend dies
CBT Now
Data shows a decline in average auto loan amounts: What it means for dealers – Melinda Zabritski | Experian
Experian has released new data showing...
Almost half of U.S. Buick dealers choose buyout program in light...
Through an ongoing voluntary buyout program, General Motors has nearly halved the size of its Buick dealership network in the United States.
According to Duncan...
Toyota’s Daihatsu unit halts vehicle shipments amid safety scandal
The largest Japanese carmaker, Toyota, announced on Dec. 20, that its Daihatsu division would stop shipping any of its vehicles after an investigation into...
40 Under 40 Honoree: Jamar Seymore | Walser Automotive Group
Jamar Seymore is a Loyalty Manager for Walser Subaru St. Paul, a storefront owned by the Minnesota-based Walser Automotive Group, where he has been...
CPO sales stay strong, Tesla boosts pay, Nikola founder sentenced
Inside Automotive
The best (and worst) automotive marketing strategies for 2024 — Glenn Pasch | PCG Digital
The car market is slowly falling back into its...
SAE’s charging standard is geared up to fix every EV charging...
The Society of Automotive Engineers (SAE) has successfully fulfilled its goal to obtain NACS certification by year-end, making the NACS standard fully operational. This new...
Judge finds Nikola founder guilty of defrauding investors, remains free on...
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,...
Used-vehicle sales dip, experts change EV outlook, Honda offers used car...
Inside Automotive
The profit and inventory trends dealers will see in the New Year — Kevin Tynan | Bloomberg Intelligence
After a tumultuous year, dealers are...
NHTSA’s acting head reveals resignation amidst stricter fuel economy standards
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...
40 Under 40 Honoree: Johnny Masano | Tom Masano Auto Group
John "Johnny" Masano, President of Tom Masano Auto Group in Reading, Pennsylvania, continues his family's legacy as a third-generation car dealer. Known for his...
