Fisker Files for Bankruptcy
On June 17, Fisker filed for Chapter 11 bankruptcy protection, less than two weeks after the troubled electric…
News June 21Latest in: Dealer News
Keating Auto Group, Lithia, Mosaic Auto Group, Manheim: Dealership Sales Roundup
Keating Auto Group Buys Houston Dealership from Ken Garff Automotive Group Ken Garff Automotive Group, the third largest…
News June 20
UPDATE: Hackers Reportedly Demand Millions from CDK Global After Cyber Attack
Updated 10:30 A.M. June 22: CDK Global is reportedly negotiating with Eastern European hackers who forced the company…
News June 20
Ford Ends EV Dealership Program
Ford is revising its electric vehicle (EV) dealership program that asked store owners to invest upward of $1 million…
News June 18
New-Vehicle Inventory Dropped to Start June
Four days. That is the amount of time that new-vehicle inventory declined, sitting at 74 days when the…
News June 17
Morgan Auto Group, Firelands Auto Group, Fisker and Craig Zinn Automotive Group: Dealership Sales Roundup
Morgan Auto Group Purchases Hollywood Kia in Florida Hollywood Kia has been sold to Morgan Auto Group, according…
News June 13
Politics Increasing Concern for Dealers in Cox Sentiment Index
The Cox Automotive Dealer Sentiment Index (CADSI) remained stable in the second quarter despite dealer uncertainty in politics,…
News June 12
New Hampshire: Kia Alleges Fraud by Dan O’Brien Auto Group
Kia America is taking a New England dealership group to court, alleging it falsified records that resulted in the…
News June 11
Ohio: Auto Dealership at Center of Senate Race Between Sherrod Brown, Bernie Moreno
The car dealership business has been an early focus in a key 2024 U.S. Senate race. U.S. Sen.…
News June 6
FTC Files Reply to NADA’s Lawsuit on CARS Act
Last month, the Federal Trade Commission (FTC) filed its 97 page brief in opposition to the legal challenge…
News June 4
