U.S. dealerships achieved record sales throughput per dealership of 966 units in 2015 based on a total market of 17.5 million vehicles but may not hit that level in 2016, Urban Science says... Read more
Jim Marsh of Las Vegas,Nevada has won back his Chrysler Jeep franchise after losing it in 2009 and will build a new facility to house the brands, reports PRweb here: Share this articleLinked... Read more
Luxury automaker Mercedes-Benz opened a 48,500 sq. ft. dealership in Pune, India, its 83rd in the South Asian country and the first of 10 new dealerships to be opened in India this year, re... Read more
H&H Auto Group of Omaha, Neb. has acquired Rhoden Auto Center in Council Bluff, Iowa, which includes a Buick and a GMC franchise, reports The Daily Nonpareil here: Share this articleLink... Read more
AutoFarm Group of auto dealerships has acquired Cass County Ford Lincoln in Logansport, Ind. and renamed it AutoFarm Ford Lincoln, reports the Pharos-Tribune here: Share this articleLinkedin... Read more
Publicly-listed Penske Automotive Group Inc. saw income from continuing operations in the fourth quarter of 2015 rise 4.5 percent compared to the same quarter in 2014 to $72.2 million, and i... Read more
The U.S. Energy Information Administration forecasts the price of gasoline will remain under $2.00 a gallon for 2016, reports The Detroit News here: Share this articleLinkedinFacebookTwitter Read more
Sometimes less is best. That’s the thinking behind St. Louis Motorcars’ decision to sell its Maserati franchise to Ed Napleton Automotive Group. The franchise had simply become too hoi pollo... Read more
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