AutoCanada said it aims to sell four of the nine dealerships in the U.S. it acquired as part of the Grossinger Auto Group deal, and has rebranded the group as the Leader Automotive Group, re... Read more
Ford Motor Co. has opened Ford showrooms in shopping malls in Quebec City and cities in Italy, Belgium and Germany to counteract shrinking showroom visits, and may expand the concept to the... Read more
Waymo, the autonomous vehicle division of Google parent Alphabet, and AutoNation, are expanding their partnership around maintaining a fleet of autonomous vehicles, providing a window into t... Read more
The 25 basis point rate cut by the Federal Reserve should mean lower flooring costs for dealers but won’t necessarily mean lower borrowing costs for consumers, says the NADA chi... Read more
Most of the publicly-listed auto dealership groups saw used vehicle sales rise while sales of new vehicles languished in the second quarter, and some say used sales are the future, reports A... Read more
New light vehicle sales in July will rise by 0.5 percent compared to the same month in 2018, held down by a rising average transaction price, Cox Auto said in a press release. Share this art... Read more
Cox Automotive has turned one of its auction sites in Atlanta into a fleet servicing location, including calibrating LIDAR and other complex functions, and sees fleet maintenance as a future... Read more
Publicly-listed Lithia Motors Inc. reported the second highest second quarter revenue in the group’s history, led by a surge in used car sales and F&I revenue, while new car sales... Read more