Auto Retail News

Dealers in the U.S. are entering the second quarter of 2024 with an inventory that has increased over 50 percent from last year. According to Cox Automotive, dealers nationwide opened in March with 2.74 million new vehicles on hand— 942,000 units,

According to a joint forecast from J.D. Power and GlobalData released March 21, total new-vehicle sales for March 2024 are projected to reach 1,525,700 units, a 12.1 percent increase from March 2023 The seasonally adjusted annualized rate (SAAR) for

While happy that the Biden Administration relaxed tailpipe limits, a group representing over 5,000 dealerships reiterated a more realistic goal is needed when it comes to the sale of electric vehicles (EV). Announced on March 20 by the federal Enviro

Stellantis reached a deal on March 19 with the California Air Resources Board (CARB) on emissions aligned with the state’s efforts to combat climate change. Under the agreement, the maker of Chryslers and Jeeps will comply with California’

Lexus, Buick and Mini were the top of their category on the latest J.D. Power survey when it came to dealer service. Lexus ranks highest in satisfaction with dealer service among premium brands for a third consecutive year, with a score of 897 out o

A recent survey found dealers more optimistic than they were at the end of last year—but are still worried about major economic headwinds consumers are facing. The recently released Cox Automotive Dealer Sentiment Index (CADSI) resulted in a score

We had the privilege of talking with Gary Gilchrist, the 2024 chairman for the National Automotive Dealers Association (NADA) for the upcoming edition of Dealer magazine. Gilchrist is president of Gilchrist Chevrolet Buick GMC, Inc. in Tacoma, WA, a

In the latest sign of slowing electric vehicle market, Fisker announced on March 18 that it  pause production for six weeks as looks to raise more money to stay in business. In a press statement, the company wrote that the pause on the assembly line

While customer satisfaction with the dealer service experience has rebounded, there are still significant issues being faced when a consumer brings his car to be worked on. According to the J.D. Power 2024 U.S. Customer Service Index (CSI) Study rele