Tag: dealership news
Fourth-quarter earnings show positive trajectory for EV charging firm EVgo
EV charging network operator, EVgo, revealed its Q4 earnings for 2022. The company reports a narrower loss than expected as demand for chargers from...
Murgado Automotive Group acquires 6 dealerships, LaFontaine adds Chevy store
According to the Q4 2022 Haig Report, which tracks trends in auto retail and their impact on dealership values, dealership profits reach new peaks...
Ford’s Tennessee plant intends to produce 500,000 EVs every year
On March 24, Ford announced its new plant, which is being built south of Memphis, Tennessee, will be able to produce 500,000 EVs yearly...
February new vehicle supply, Audi’s 2023 outlook, Honda recalls 500,000 units
Inside Automotive
Leading employees through times of change - Scott Mautz
Leadership requires you to be flexible and embrace change… but for many of us, it's...
How to encourage better interdepartmental collaboration in the dealership
Remote work has undoubtedly disrupted the workforce, with many employees working from home and eliminating in-person collaboration. While there are some companies who say...
Group 1 Automotive breaks records in Q4 of 2022
In contrast to other automotive retail statistics, Group 1 Automotive published strong performance numbers in the fourth quarter of 2022, after wrapping up one...
Dealer Jay Feldman brings first standalone Jeep dealership to Michigan
In December of last year, Feldman Automotive Group, a partnership founded in collaboration with actor Mark Wahlberg, celebrated the grand opening of their 19th...
This Pa. dealer is ready to conquer challenges in the new...
Are we seeing the fall of the used car market? Today on Inside Automotive, we’re discussing the state of the automotive industry as it...
Rivian and Lucid direct sales model legal in Illinois, judge rules
An Illinois judge has dismissed a dealership-backed lawsuit targeting the state's allowance of the direct sales model.
The Illinois Automobile Dealers Association was set to...
Inventory pressures still top of mind for auto retailers in 2023,...
Research published by Wards Auto reveals that dealerships are still looking to shore up their inventories in 2023, despite struggling with vehicle shortages for...
