Cars a ‘need’ not a ‘want’ for 79% of independent buyers, study finds
On the Dash:
79% of independent dealership buyers say they need a vehicle, not want one
Only 21% of buyers would return to the same dealership for their next purchase
...
TSLA362.86017.73%
GM87.9301.78%
F14.4100.42%
RIVN16.9700.96%
CYD39.8801.17%
HMC33.3700.77%
TM197.3505.11%
CVNA69.880-1.64%
PAG216.8700.32%
LAD370.7300.06%
AN199.490-0.6%
GPI261.850-1.97%
ABG214.810-0.56%
SAH77.450-0.33%
TSLA362.86017.73%
GM87.9301.78%
F14.4100.42%
RIVN16.9700.96%
CYD39.8801.17%
HMC33.3700.77%
TM197.3505.11%
CVNA69.880-1.64%
PAG216.8700.32%
LAD370.7300.06%
AN199.490-0.6%
GPI261.850-1.97%
ABG214.810-0.56%
SAH77.450-0.33%
TSLA362.86017.73%
GM87.9301.78%
F14.4100.42%
RIVN16.9700.96%
CYD39.8801.17%
HMC33.3700.77%
TM197.3505.11%
CVNA69.880-1.64%
PAG216.8700.32%
LAD370.7300.06%
AN199.490-0.6%
GPI261.850-1.97%
ABG214.810-0.56%
SAH77.450-0.33%
dealership news
June sales rise 3.6%, JD Power forecasts 16.5 million SAAR
On the Dash:
June new-vehicle sales projected to rise 3.6% to 1,363,800 units, JD Power said
SAAR expected to reach 16.5 million, up 0.8 million year over year
Negative equity...
Ryan LaFontaine on family, beating cancer, and building Michigan’s largest dealer group
Ryan LaFontaine has called Highland, Michigan, home for nearly his entire life. At just six months old, his family put down roots there and has spent decades building one of...
California wants to decide what tires you can buy. What could possibly go wrong?
California regulators say they're trying to save drivers money.
That's the sales pitch behind the state's proposed Replacement Tire Efficiency Program, a regulation that would establish energy-efficiency standards for replacement tires...
Stellantis, Nissan in talks to buy assets of former parts supplier
On the Dash:
Stellantis and Nissan are in talks to buy assets from bankrupt supplier Marelli, Bloomberg reports.
Stellantis wants Marelli's suspension business; Nissan eyes cockpit assets in Japan.
Marelli...
ClearShift expands into new-vehicle retail with Freedom Ford purchase
ClearShift, owned by Jeff VanderWal, acquired Freedom Ford in Gunnison, Utah, from JL and Sarah Larson in a transaction that closed in June 2026. The dealership will continue operating under...
Dealers face affordability squeeze as entry-level vehicles disappear, report finds
On the Dash: Dealers face affordability crunch as entry-level vehicles disappear
Affordability concerns rise as new-vehicle prices have increased by more than $11,000 since 2019.
Budget cars are nearly gone,...
Can Slate Auto make affordable EVs profitable in America?
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting the industry.
I’m...
U.S. bans Polestar from selling new vehicles starting with MY2027
On the Dash:
The Commerce Department denied Polestar authorization under the Connected Vehicle Rule, blocking new U.S. sales from the 2027 model year forward.
Polestar will sell off its remaining...
Auto Gallery Automotive Group acquires Nissan of Macomb
Auto Gallery Automotive Group, led by Sebastian Jung, acquired Nissan of Macomb in Clinton Township, Michigan, from Art White of AW Auto Group and partners in a transaction that closed...
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