Tag: Dealerships

Q2 earnings: 6 public auto dealers see new-car gross profits fall

Five of the six major publicly traded franchised dealership groups reported double-digit percentage declines on new-vehicle gross profits during the second quarter, as inventories grew and rising interest rates cut into shoppers’ buying

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Thieves Steal 2 Rolls Royces And A Bentley From Toronto Dealership In Broad Daylight

Three thieves walked into a Toronto dealership in broad daylight and made off with a Bentley Bentayga and two Rolls-Royces {{comments}} comments 20 hours ago Toronto Police are searching for three suspects wanted

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Toronto police seek suspects after luxury cars are stolen from a car … – The Washington Post

TORONTO — Toronto police are seeking help from the public to identify three suspects who allegedly stole luxury vehicles from a car dealership. Police said Monday they responded to a vehicle theft call

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Toronto police seek suspects after luxury cars are stolen from a car dealership in broad daylight

Toronto police are seeking help from the public to identify three suspects who allegedly stole luxury vehicles from a car dealership July 25, 2023, 9:07 AM ET • 1 min read TORONTO —

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Etter Ford car dealership changing ownership

A Ford Model T was on display during the company’s 100th anniversary celebration. In 1920 this started up as Etter Ford in New Market Indiana now a monument place. Back than the automobile

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Every car outside local Davison dealership damaged from hail, owner says

DAVISON, MI – Every single car on the lot at the Hank Graff Chevrolet car dealership in Davison was damaged yesterday when tennis ball-sized hail fell from the sky due to severe weather.

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AutoNation (AN), Carvana (CVNA) See Car Prices Falling as Margin Pressure Grows

AutoNation Inc.’s top executive warned that softening car prices will likely fall further as inventory grows, a welcome sign for inflation-weary buyers but worrisome for dealers facing new pressure on profit margins. AutoNation,

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S&P Global: Consumers willing to pay for some in-car features

The trick for automakers, according to S&P Global Mobility, is getting consumers exposed in the first place. More than 1 in 4 respondents said they either did not know that connected services were

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Luxury Brand Loyalty Is Diminishing, But Not For Tesla

Luxury automotive brand loyalty is a far less prominent force. Many legacy automakers are seeing customers buying Teslas instead. Jul 18, 2023 at 3:06pm ET Automotive brand loyalty reveals how likely a household

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Community group opposes rezoning for used-car dealership

Akan Davis knows he faces an uphill battle to establish a used-car dealership in Greensboro’s historic, but struggling, Benbow Park community. Davis, a 22-year car-sales veteran, hopes to open his business on a

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