New car sales are likely to surge past the 17 million mark in 2015 but level off in 2016 or 2017, says analysts, while used car prices are finally starting to dip and leasing remains strong,... Read more
The Sames Motor Co. of Laredo, Tex. has broken ground on a new 35,000 sq. ft., $8 million Honda dealership that will replace its current 15,000 sq. ft. store, reports LMTonline here: Share t... Read more
Two analysts see the demise of dealerships in new trends including autonomous vehicles and consolidation, reports the Los Angeles Times here: Share this articleLinkedinFacebookTwitter Read more
The chairman of FCA confirmed that CEO Sergio Marchionne did sent an email to GM CEO Mary Barra proposing a merger but Barra did not respond, reports Automotive News here: Share this article... Read more
A class-action suit against taxi-app companies Uber and Lyft filed in Florida by taxi drivers and Miami-Dade County residents was dismissed by a federal judge as lacking standing, reports La... Read more
JD Power will buy the NADA Used Car Guide pending regulatory approval, and NADA members will continue to receive the Guide as a membership benefit, JD Power said in a press release here: Sha... Read more
Succession is a hot topic these days. One of the drivers of the burning buy sell market is a lack of successors for family-owned businesses. Sometimes that is because an owner’s kids don’t w... Read more
New vehicle sales in May will decline by about one percent due to a one less selling day but will still equate to a SAAR of 17.3 million, and KBB is sticking to a forecast for a full-year sa... Read more
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