AUSTRALIA has had a roller-coaster ride with the aftereffects of COVID-19 but each state has a different story to tell about the journey. How each coped with the virus and its effect
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In Monday’s Automotive News: Tekion’s big win: Tekion was ready to test its state-of-the-art dealership management system a few years ago, so it took the unusual step of buying two dealerships as a
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CarShop, of Chester Springs, Pa., sold 71,242 used vehicles in 2022, up 12 percent from the previous year. EchoPark, of Charlotte, N.C., sold 64,107 used vehicles in 2022, down 18 percent. Penske’s CarShop
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MADISON HEIGHTS, Va. (WSET) — A box truck that ran off the road at A One Eagle Auto Sales in Madison Heights left a trail of smashed cars in its wake Friday morning.
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Fletcher Jones buys L.A.-area Toyota store Fletcher Jones Automotive Group has purchased a Los Angeles-area Toyota dealership — Carson Toyota, the 16th new-car store in the Las Vegas company’s portfolio. The store was
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Umansky Automotive in April sold five stores in Charlottesville, Va., to Flow Automotive Cos. Umansky Automotive also has stores in California, Mississippi and Wisconsin. Asbury CEO David Hult, in a statement, said the
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CLEVELAND, Ohio — Eleven men are charged with racketeering after prosecutors say they broke into dozens of dealerships and stole 86 cars worth more than $5 million. The group ripped off 26 businesses
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More than a year after splashing out $104 million to purchase Penfold Motor Group, car retailer Peter Warren Automotive Holdings (ASX: PWR) has announced it is continuing its consolidation strategy with the acquisition
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It seems like every year the sleaziness of car dealerships gets taken to a whole new level. Take the report from the Miami Herald of a dealership employee who made nearly $200,000 from
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Used cars are in short supply, but their prices may drop soon, anyway. The wholesale prices car dealers pay at auction for the used cars they later sell decreased 3.0% in April from
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