May 20, 2023
At one dealership, prosecutors said, some of the suspects gave a salesperson their real names while casing the showroom before stealing from it the same night.
May 20, 2023
Current Issue | Dealer Headlines | Retail
Used-vehicle retailers shifted Q1 goals to profit over volume
Retailers grappled in their latest quarters with many factors impacting used-vehicle businesses: tighter availability of late-model used-vehicle inventory, heavier acquisition activity at wholesale auctions by rental car companies and increased consumer demand for affordable vehicles.
May 19, 2023
Facing economic headwinds and mounting competition, Tesla this year has aggressively cut vehicle prices in several regions and is resorting to the traditional automakers' tactic of offering incentives to clear inventory, analysts said.
May 18, 2023
Current Issue | Dealer Headlines | Retail
North Carolina’s Leith group recruits techs at Cars and Coffee event
Cars and Coffee Morrisville draws auto enthusiasts from around the state. Leith Automotive Group is using the event to hire badly needed technicians and other workers.
May 18, 2023
The auto retailer purchased four dealerships in three deals this year to grow in Oklahoma and Texas.
May 17, 2023
Retail
Lawsuit: Kunes Ill. managers encouraged fraud, retaliated against staff who wouldn’t deceive lenders
The March 30 complaint by former Kunes Hyundai and Kunes Chrysler-Dodge-Jeep-Ram sales manager Scott Grodeck and former Kunes Auto Mall general manager Edward Boliaux alleges they experienced retaliation when they refused to commit fraud at Sycamore, Ill., Kunes locations.