A feud has broken out between some of America’s biggest carmakers and the dealers that sell their cars, although the hardest punches have landed on a group of innocent bystanders: consumers. New data reveals US car dealerships are jacking up prices on new cars at unheard of rates, with the […]
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This latest report makes a case for automotive dealers to optimize their websites to drive greater sales QUEBEC CITY, Jan. 27, 2022 /PRNewswire/ – OSF Digital, a leading provider of digital transformation services to companies worldwide, has released a new report titled: The OSF Digital 2022 U.S Automotive Dealership Ecommerce Benchmark […]
Sanja Radin / Getty Images/iStockphoto Purchasing a new or used vehicle usually involves a lot of time, stress and money. Although people have to face this task an average of about every 11 1/2 years when buying a new car, there are secrets to purchasing a car that can make […]
SANTA FE – A recently retired state Cabinet secretary who oversaw New Mexico’s first major foray into electric vehicles for government fleets has gone to work at a lobbying group for automotive dealerships as they safeguard state-authorized control over direct sales of new vehicles from incursions by electric-car maker Tesla […]
CHICAGO (WLS) — Law enforcement officers have taken down a sophisticated car theft ring that has been targeting high-end car dealerships around the state for several years. Car dealerships in DuPage and Cook Counties have been feeling the sting of an organized car theft ring that used identity theft to […]
Prime Automotive Group is looking to sell its 31 dealerships, including the seven it owns in Maine, trade publication Automotive News is reporting. The Massachusetts-based company has been swirling in controversy for years, capped in February when the head of its parent firm, GPB Capital Holdings, was arrested and charged […]
STAUNTON — Matthew Walsh said normally there would be up to 2,200 cars on the lots at the 15 Carter Myers Automotive dealerships in the state. Now, they have a total of 363. “That makes it hard for us to provide selection for customers and typically, if you were buying a […]
The frenzied car market is pitting car salespeople against one another, Bloomberg reported. New and used car prices have skyrocketed during the pandemic amid a shortage of vehicles. Some dealers are even shelling out to buy leased vehicles years before the end of their term. See more stories on Insider’s […]
Three dealership groups, including the growing Hudson Automotive Group, have purchased stores in Alabama and Louisiana in deals that closed in the second quarter. Here’s a quick look at the transactions involving domestic and import brand stores. Hudson Automotive, of Charleston, S.C., acquired its first dealership in Alabama on […]
These outstanding technical developments usually are not made with out economic consequences. According to a examine by Ward’s Communications Incorporated, the typical cost for a brand new American car increased $4,seven-hundred between 1980 and 2001 because of mandated safety and emission-control efficiency necessities . The addition of pc technology was […]