The company’s first dealership, called Allied Motors, will be located in Noida, Uttar Pradesh. In order to build brand awareness in India, where they are not well known, they have set... Read more
Accounting and consulting firm DHG and the California New Car Dealers Association have entered into a licensed vendor agreement under which DHG Dealerships will host webinars and events abou... Read more
The Foundation Automotive Corp. of Calgary, Alberta, Canada acquired two Chrysler Dodge Jeep Ram dealerships in the last quarter of 2018 and looks to close seven more acquisitions in the fir... Read more
Publicly-listed AutoCanada Inc. is suing its former CEO and chairman Patrick Priestner over his acquisition of some dealerships through his own company while working for AutoCanada, but Prie... Read more
The average interest rate on a new vehicle loan hit 6.19 percent in January, the second highest in 10 years, and zero-percent financing offers all but evaporated, reports Edmunds.com. Share... Read more
Online new car retailer Carvana, based in Atlanta, GA, has added Rochester, Buffalo, Syracuse, Binghamton and Albany in New York to the list of cities where consumers can shop its online inv... Read more
The average light vehicle transaction price in January is estimated to have risen 4.2 percent compared to the same month in 2018 to $37,149, pushed up by Tesla sales volume and growing full-... Read more
January sales of new light vehicles are expected to decline slightly compared to December and rise only slightly compared to January of 2018, and cars’ share of the market will continu... Read more