Porsche is growing its number of exclusive dealerships in the U.S. The luxury automaker last year added 16 standalone stores.
Buying a car dealership is a complicated and complex process, even for experienced dealers. But it can be especially daunting for first-time buyers, who must navigate a gauntlet of ...
Jose Muñoz, poised to take over as global CEO of Hyundai Motor Co., says powertrain flexibility is critical to surviving uncertainty and key to achieving that is ramping up hybrid sales in the U.S.
Such arrangements could kick off a broader partnership as the companies, two of the world’s largest automakers, hold wide-ranging discussions, Reuters reported.
BYD is reported to be considering Western Europe for a third plant because it wants to build brand recognition and acceptance as a local manufacturer.
See who made our 2025 list of the top 150 dealership groups based in the U.S., ranked by 2024 new-vehicle sales. Read our analysis and highlights. Download the full PDF report of our charts and ...
Musk’s own personal wealth has declined by more than $100 billion this year, according to the Bloomberg Billionaires Index.
F&I is under pressure from shrinking margins and slipping loyalty. With connected technology, dealerships can strengthen post-sale engagement, boost service retention, and unlock recurring ...
High-tech mild hybrid variants with a new four-cylinder engine, 48-volt technology and an electric motor integrated into the transmission will follow.
As the automotive market returns to normal after the post-pandemic heyday and the subsequent affordability and credit squeeze, dealers are now facing a familiar challenge. They need to find ways to ...
The tech tycoon said a fire at a Tesla dealership in Rome that destroyed 17 cars was “terrorism.” Italy’s special police unit Digos is leading an investigation into the fires.
Filosa planned to speak to the automaker’s dealer council hours after Stellantis named him CEO.