Mark Hollmer has joined Automotive News as a reporter covering dealers and retail technology. Hollmer, 53, most recently wrote about insurance and mortgage industry technology for Insurance Business America and Mortgage Professional America,
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Germany for decades led on well-engineered combustion cars. It’s now facing a watershed year in the quest to retain an edge in the age of electric vehicles. Europe’s biggest economy is under growing
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New York CNN — Americans can once again buy cars for less than sticker price. But that doesn’t mean they’re finding bargains at their local dealerships. A year ago, record tight inventories meant
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High-ranking Volvo Cars executive Henrik Green, who until last year was considered a strong candidate to rise to CEO at the automaker, will leave the company at the end of the month. Green’s
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Used car prices have started to fall after experiencing a meteoric rise in the wake of the pandemic, according to a recent study. The price of the average used car fell by 2%
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Passenger car sales in the Netherlands decreased in December and in the full year of 2022, but electrification continues to rise, reaching very solid levels. According to EV Volumes’ data, shared by Jose
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Marianne Simmons, a self-professed “Tesla fan girl,” bought her second EV from the company in September: a white, high-performance Model Y ringing in at more than $77,000. Then the company slashed prices on
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New York CNN — Tracking used car prices is enough to give anyone whiplash. Since the start of the pandemic and the resulting disruptions to new car supply chains first sent prices soaring,
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CNN — Not that long ago, cars from the 1990s were just used cars. And, really, most of them still are, if they’re still running at all. But as millenials get older, gain
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This heightened level of employee mobility has been a challenge for managers in automotive retailing, almost all of whom said staff losses are concerning. Of more than 300 managers at Canadian dealerships polled
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