The retail car market continued to chug along in November, helped by generous incentives, hitting a SAAR of 17.5 million units, a bit up compared to the same month in 2018. The average trans... Read more
By Monica Baumann, Scali Rasmussen In recent weeks two data breaches have made headlines across the country, once again drawing attention to the need for businesses to take steps to safeguar... Read more
Canada’s publicly-listed Automotive Properties Real Estate Investment Trust will acquire the property of a BMW automotive dealership property located in Regina, Saskatchewan (“R... Read more
Hanlees Auto Group, based in Northern Califonia’s Napa Valley, will relinquish its Volkswagen franchise in favor of Subaru after Subaru said it did not want the VW franchise to occupy... Read more
Houston-based private equity firm ZT Motors aims to acquire 15 to 20 auto dealerships in the southern U.S., especially Houston, reports The Journal. Share this articleLinkedinFacebookTwitter Read more
The valuation analysts at Kelley Blue Book today reported the estimated average transaction price for a light vehicle in the United States was $38,393 in November 2019. New vehicle prices i... Read more
Retail sales of new light vehicles are forecast to bump up slightly when adjusted for the additional selling day this November, said a joint forecast by J.D. Power and LMC Automotive. That r... Read more
New light vehicle retail sales in November will rise 1.2 percent on an adjusted-day basis compared to the same month in 2018 to 1.18 million units, helped by generous incentives as dealers t... Read more
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