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Latest in: Dealer News

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Dealership Roundup

Penske Automotive, Cardinale Automotive, Gill Automotive: Dealership Sales Roundup

Penske Buys Bill Brown Ford in Michigan Penske Automotive Group recently acquired Bill Brown Ford in Livonia, MI. Serving…

News July 25
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Cox Automotive EV Fleet Owners

Cox: Fleet EV Adoption Increasing in the Next Five Years

Fleet owners operating both electric vehicles (EVs) and their gas counterparts have higher levels of satisfaction with their…

News July 24
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Mercedes-Benz Starbucks EV Charging

Mercedes-Benz, Starbucks Partner to Add EV Chargers Along I-5

Mercedes-Benz is expanding its electrical vehicle (EV) charging network, teaming with another national retailer to offer drivers a…

News July 23
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Manheim Market Report Used Cars

July Used-Vehicle Prices Increases

Wholesale used-vehicle prices increased 1.8 percent from June in the first 15 days of July, the first month-over-month…

News July 22
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Electric Vehicle June 2024 Sales

EV Sales Set Record in Second Quarter

The average transaction price (ATP) paid for a new electric vehicle (EV) in June was $56,371, an increase…

News July 19
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Used Vehicle Values Fall for Third Straight Month in June

Values of used vehicles continue to fall in June with the Manheim Used Vehicle Value Index (MUVVI) released…

News July 17
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Fisker EV Electric Vehicle Bankruptcy

Fisker Bankruptcy Update: Inventory Bought by American Lease, Second Recall

EV startup Fisker has agreed to sell its remaining inventory of Ocean SUVs to a leasing firm as…

News July 16
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CDK Global Ransomware Payment

Report: CDK Paid $25 Million to End Ransomware Attack

According to a published report, the price tag that CDK Global paid to cyber terrorists is believed to…

News July 15
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KBB ATP June 2024

KBB: New-Vehicle Prices Hold Steady in June

New-vehicle prices were lower year-over-year for the ninth straight month in June, according to data released by Kelley…

News July 12
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NADA June 2024 Sales

New-Vehicle Sales Down 4.8% in June: NADA

New light-vehicle sales slipped in June in the wake of the cyberattack that affected many dealers’ operations, according…

News July 11