Lincoln looks to buyout 100 dealerships in 2024
Luxury car manufacturer Lincoln plans to close up to 100 dealerships in 2024 in a continuation of its efforts to extract itself from unsuccessful markets.
The Ford-owned brand said it closed...
TSLA382.7007.7%
GM82.7300.48%
F12.170-0.08%
RIVN13.960-0.37%
CYD29.8200.75%
HMC32.7000.22%
TM185.300-0.7%
CVNA63.7300.53%
PAG196.160-1.89%
LAD290.2401.37%
AN157.3800.31%
GPI232.010-4.6%
ABG167.600-1.36%
SAH60.560-0.95%
TSLA382.7007.7%
GM82.7300.48%
F12.170-0.08%
RIVN13.960-0.37%
CYD29.8200.75%
HMC32.7000.22%
TM185.300-0.7%
CVNA63.7300.53%
PAG196.160-1.89%
LAD290.2401.37%
AN157.3800.31%
GPI232.010-4.6%
ABG167.600-1.36%
SAH60.560-0.95%
TSLA382.7007.7%
GM82.7300.48%
F12.170-0.08%
RIVN13.960-0.37%
CYD29.8200.75%
HMC32.7000.22%
TM185.300-0.7%
CVNA63.7300.53%
PAG196.160-1.89%
LAD290.2401.37%
AN157.3800.31%
GPI232.010-4.6%
ABG167.600-1.36%
SAH60.560-0.95%
dealership news
Tesla recalls 2023 Model X, S, Y over rearview camera software error
Tesla is set to recall roughly 200,000 vehicles in the U.S. to patch out a software error that could limit driver visibility.
According to the National Highway Traffic Safety Administration (NHTSA),...
Simplifying the management process for car dealers — Greg Uland | Reynolds and Reynolds
Car dealers are faced with a multitude of unenviable challenges in 2024, ranging from uncertainty over profit margins to decreasing loyalty among consumers. More than ever, they need simple solutions...
GNYADA Pres. Mark Schienberg talks future of auto sales and electrification in New York
New York is a city known for its diverse consumer base, significantly impacting the automotive industry. In the latest episode of Inside Automotive, we're joined by Mark Schienberg, President of...
What dealers must know about the CARS rule — Rusty West | Market Scan
The Federal Trade Commission's (FTC) Combatting Auto Retail Scams policy, better known as the CARS rule, aims to make the car buying process more transparent. However, many dealers say the...
How automotive dealerships can save money with battery energy storage
Automotive dealerships must prioritize upgrading their electric infrastructure to support the anticipated increase in electric vehicle (EV) sales, projected to reach 2.5 million per year in 2028. The U.S. federal...
U.S. auto dealers send second appeal to Biden over EPA’s strict emission rules
Nearly 5,000 U.S. auto dealerships have issued a second appeal to President Joe Biden, urging him to reconsider the Environmental Protection Agency's (EPA) proposed stricter vehicle pollution standards. This appeal...
Tesla Q4 earnings plunge 40% despite revenue, sales gains
Electric vehicle brand Tesla reported a steep decline in fourth-quarter profits against a 3.5% increase in revenue over the same period, missing analyst forecasts and raising questions for the new...
Ford dials back Q4 earnings expectations, Hyundai profits jump 31%
Automakers Ford and Hyundai shared financial updates from the fourth quarter, offering new insights into their 2023 performance.
Ford announced that a pre-tax remeasurement loss, stemming from employee retirement expenses and...
Forecasting the 2024 dealership M&A market — Farid Ahmad | DSMA
The dealership M&A (mergers and acquisitions) market has demonstrated incredible resilience in the post-pandemic economy, remaining undaunted by rising interest rates and fluctuating demand. On the other hand, the buy-sell...
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