With electric vehicles (EVs) continuing to become a viable option for prospective vehicle shoppers, Experian found one trend that is standing out: EV buyers opting to lease. Experian’s State of the Automotive Finance Market Report: Q4 2024 detailed

Trophy Automotive Dealer Group Purchases Kia Dealership in California Lou Sobh Automotive Group has sold its Kia of Cerritos dealership in California to Trophy Automotive Dealer Group. Kia of Cerritos is the second highest volume Kia dealership in th

Car shoppers rushed to purchase vehicles ahead of the potential tariff hikes this past weekend. The past weekend was “by far the best weekend I’ve seen in a very long time,” said Randy Parker, the chief executive officer of Hyundai and Genesis

Analysis for the auto industry are forecasting prices at dealerships rising just as the recovery from the pandemic had begun to take after President Donald Trump announced a 25 percent tariff on cars built outside of the U.S. This is the third time t

Haig Partners has released its 2024 fourth quarter report that concludes that demand for dealerships remains robust as private and public buyers continuing to pursue acquisitions across all major franchises. In 2024, Haig advised on 22 transactions

In the harshest of terms, President Donald Trump said he “couldn’t care less” is car prices rise due to the 25 percent tariffs his administration is set to put into effect this week. In a phone interview with Meet the Press anchor Kristen Welke

J.D Power is forecasting a nearly 10 percent increase in total new-vehicle sales for March from a year ago as concerns mount on what tariffs will do to the automotive industry in the U.S. Total new-vehicle sales for March 2025, including retail and n

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President Donald Trump signed an executive order that goes into effect April 2 imposing a 25 percent tariff on cars built outside of the U.S. “We’ll effectively be charging a 25 percent tariff, but if you build your car in the United Stat