By Jaimi Blakely, Chris Collins Inc. It’s no secret that when you buy a dealership, you want to buy low. What can be mysterious is how to scale all of your “businesses” (aka department... Read more
What’s happening with retail auto sales? Depending on which publication you read, July sales were tepid, mixed, or jumped to an eight-month high SAAR. All are true, depending on your point... Read more
Luxury electric vehicle maker Tesla Motors Inc. posted a worse-than-expected second quarter loss of $293.2 million despite a 33 percent jump in revenue, reports The Los Angeles Times here: S... Read more
Gus Kalatzes has acquired a majority ownership in the Castle Rock Chevrolet dealership in Evanston, Wyoming from Kraig Dearden. The dealership is now known as AutoFarm Chevrolet. Dearden re... Read more
Online used car retailer Carvana has added Washington, D.C. to the areas it delivers its used vehicles, bringing its total market coverage to 15 cities, reports Auto Remarketing here: Share... Read more
The most recent Lease Market Report by Edmunds.com found that Millennials were leasing at higher rates and, somewhat surprisingly, consumers over the age of 75 are also leasing at higher rat... Read more
The proposed Volkswagen buy out program expected to be approved this week by the U.S. District Court in California will see owners of all eligible vehicles get payouts of up to $44,000 regar... Read more
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