The rate of depreciation has been slowing in recent weeks and this past week, the overall Car segment week-over-week change crossed back into positive territory, with six out of the nine Car segments reporting gains.
Digital auto platform pivots to online marketplace strategy focused on deep local inventory.
Inventory-constrained Toyota held on to the top spot for shopping consideration, but Ford narrowed the gap in the second quarter despite its own supply challenges.
For 17 years, the program has recognized the industry’s best vendors, suppliers, and finance partners by asking dealers and dealership personnel to complete a 41-category online survey.
Company brings “modern retailing” approach to dealerships, launches e-learning platform and adds human resources, multichannel communication and cybersecurity tracks.
The entire Prime Automotive Group portfolio will be sold as a platform, hoping to close a transaction by year’s end.
Lithia Motors Inc. adds a large-volume Honda store in Southern California and two import dealerships near Dallas, Texas.
Taiwan is at work to address the global shortage of semiconductors, reported Economy Minister Wang Mei-hua after meeting with the newly appointed de facto U.S. ambassador in Taipei.
Risk management tool intended to help dealership industry reduce large losses.
Past president provided leadership and service to associations, the used vehicle industry and beyond.