Cox Automotive-owned Clutch Technologies has software it says allows dealerships to offer short- and long-term leases for both new and used inventory, reports Wards Auto. Share this articleL... Read more

Luxury electric vehicle maker Tesla, after saying it would close its stores in order to save money and lower the price of its vehicles, has now said it will leave some stores open but raise... Read more

Both franchised and independent dealers’ sentiment for the last quarter was negative, though less so than the previous survey, but especially franchised dealers were optimistic about t... Read more

Diversifying vehicle purchase and service options and leveraging new technologies are two ways dealerships can embrace the future of retail automotive, writes Brian Irwin of Accenture in War... Read more

E-commerce used car retailer Carvana launched in Prescott, AZ recently and during the launch announced it had just opened in Savannah, GA as well as five markets in the Northeast, bringing i... Read more

The number of dealerships fell by 52 in 2018 while throughput per store rose 0.2 percent to 533 units, an Automotive News survey found. Share this articleLinkedinFacebookTwitter Read more

According to Automotive News, Edmunds and Cox both site affordability as main factors contributing to already sluggish 2019 auto sales. The part that extreme weather may also have played in... Read more

Automotive News has announced public group Sonic Automotive has decided to cut more than 6% of its corporate and regional workforce amid concerns of future market volatility. Sonic is the fi... Read more