Mitsubishi is being sued by a dealership in Missouri for after the company blocked the sale of the dealership. Oakes Auto of Kansas City has reportedly filed a multimillion-dollar lawsuit against Mitsubishi Motors North America. The suit lists six cl

It is not just you—Americans are indeed holding on longer to their cars. A recent report from S&P Global Mobility found the average age of cars and light trucks in the United States has risen to record 12.6 years in 2024, up by two months over

ZT Automotive Enters Alabama Market ZT Automotive has expanded to 13 dealerships and officially entered the Alabama market after completing a deal with Florida-based Greenway Automotive group. The acquisition includes brands such as Toyota, Honda, Ni

Ford has told dealers they can pause capital investments related to selling electric vehicles (EV) until the company completes a review of its requirements. The automaker had set a June 30 deadline for dealers to invest in Level 2 EV charging station

Urban Science recently released their annual 2024 Urban Science Dealership Transformation Index (DTI) shows improvement from the year before, especially with Gen Z consumers. The 2024 Urban Science DTI score overall stands at 56, up a percentage poin

The price for new vehicles increased for the first time in 2024, according to a Kelly Blue Book (KBB) estimate released May 14. The average transaction prices (ATPs) for April is expected to increase by 2.2 percent to $48,510, the highest price since

Dennis & Co., Kyle Busch Purchas New Jersey Dealership Dennis & Co. Auto Group expanded its dealership network by purchasing New Jersey-based Hawthorne Chevrolet, fueled by a partnership with NASCAR Cup Champion. “We are excited to add a t

As dealers seek to sell an ever-increasing inventory of electric vehicles off their lot, one of the key questions is there a market for buyers past the current plateau. According to the latest findings from the 2024 Path to EV Adoption Study by Cox A

The Biden Administration is raising duties on Chinese electric vehicles (EV) to over 100 percent that are part of number of tariff increases announced May 14. President Joe Biden unveiled the new policy on an array of Chinese imports affecting $18 bi