Group 1 brings three new dealerships on board, expands Texas presence
Group 1 Automotive revealed the acquisition of three dealerships in Texas on May 8, 2023, as it continues to ramp up its growth efforts.
In a press release, the auto group...
TSLA380.6801.95%
GM82.0101.78%
F12.2750.125%
RIVN14.510-0.09%
CYD32.1900.32%
HMC31.8100.03%
TM185.5701.45%
CVNA63.8600.14%
PAG199.010-1.58%
LAD292.510-10.49%
AN158.140-3.53%
GPI236.960-4.48%
ABG169.760-2.07%
SAH61.000-1.63%
TSLA380.6801.95%
GM82.0101.78%
F12.2750.125%
RIVN14.510-0.09%
CYD32.1900.32%
HMC31.8100.03%
TM185.5701.45%
CVNA63.8600.14%
PAG199.010-1.58%
LAD292.510-10.49%
AN158.140-3.53%
GPI236.960-4.48%
ABG169.760-2.07%
SAH61.000-1.63%
TSLA380.6801.95%
GM82.0101.78%
F12.2750.125%
RIVN14.510-0.09%
CYD32.1900.32%
HMC31.8100.03%
TM185.5701.45%
CVNA63.8600.14%
PAG199.010-1.58%
LAD292.510-10.49%
AN158.140-3.53%
GPI236.960-4.48%
ABG169.760-2.07%
SAH61.000-1.63%
dealership news
Iveco loosens ties with Nikola, acquires full ownership of joint venture
Iveco is set to loosen its ties with U.S. startup Nikola as it purchases the full ownership of their joint venture, which develops battery electric and fuel cell heavy-duty trucks.
Iveco...
Weekly roundup: Toyota commits to EVs, aftermarket service disappoints, Fisker’s EV battery swapping
Earlier this week: EV maker Fisker announced its Ocean SUV will come equipped with swappable batteries in 2024, April U.S. auto sales improved year-over-year, customer satisfaction with aftermarket service providers...
Federal Reserve raises interest rates, says economy is ‘closer’ to end of hikes
Although May 3 saw interest rates rise for the tenth time since March 2022, the Federal Reserve has seemingly adopted a new stance on inflation.
The Federal Funds Rate now sits...
The importance of integrating your CDP, CRM and digital retailing tools – Brian Pasch & Sam Vukas
On the last episode of Auto Marketing Now, host Brian Pasch, founder of PCG Companies and auto marketing expert, took a closer look and digital security and proprietary access for...
Stellantis makes progress in Q1, sees easing semiconductor shortage
Higher prices and stabilizing supply chains allowed Stellantis to push first-quarter revenues and shipments ahead of their 2022 numbers.
The automaker reported net revenues of approximately €47.2 billion ($52 billion) for...
Digital retailing: What makes a good eCommerce platform? – Ryan Osten | Gubagoo
Digital retailing has become particularly popular among car dealers and consumers over the last three years. But to remain competitive, dealers must not only have the right tools but also...
Hyundai and Kia see sales growth over April, gain steam after successful Q1
Hyundai and Kia continued to see strong U.S. sales post-first-quarter, according to April sales reports released Tuesday, May 2.
Hyundai's monthly U.S. sales totaled 70,812 units, representing a slight decrease from...
Do manufacturers actually want to replace the franchise system? – Don Hall | VADA
Dealers are increasingly worried that the franchise system is under attack from major OEM brands, who may stand to gain more from a direct-sales model instead. On this episode of...
New interest rate hike likely for May, but relief may still be in sight
The Federal Reserve is set to deliberate another interest rate hike starting May 2 after inflation edged upward once more.
The increase would bring the Fed's total number of adjustments since...
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