Gresham Automotive Holdings LLC. has acquired Gresham Subaru dealership in Gresham, Ore. from Anthony F. DiVito, who is retiring. The dealership will continue to be known as Gresham Subaru... Read more
April should see a daily sales rate of 56,706 units, the best since April 2002, forecasts Wards Auto here: Share this articleLinkedinFacebookTwitter Read more
Total revenue in January through March for publicly-listed Group 1 Automotive rose 7.8 percent to $2.4 billion while net income rose 14.4 percent to $35.8 million, reports Group 1 here: Shar... Read more
January through March revenue for the publicly-listed Penske Automotive Group rose 11.4 percent compared to the same period in 2014 to $4.5 billion on the back of total retail sales rising 6... Read more
New vehicle sales should rise 5.2 percent in April compared to the same month in 2014 to 1.46 million units, equating to a SAAR of 16.5 million, reports KBB here: Share this articleLinkedinF... Read more
Dealers should have well thought-out succession plans in place whether or not a move by congress to eliminate estate taxes succeeds, says an editorial in Automotive News here: Share this art... Read more
If China’s Guangzhou Auto meets its goal of selling a crossover vehicle here in the U.S. in 2017, it aims to compete in that segment by selling a vehicle that is 30 percent cheaper the... Read more
Though some Ford models will still carry the older MyFord Touch infotainment system even as some models roll out with the new Sync 3 system, according to ALG the residual values for the mode... Read more