Wholesale used vehicle prices declined last month for the first time this year. Cox Automotive reported a 3% decline from March to April in its Manheim Used Vehicle Value Index. Further declines could
Read More
When I was first starting at Automotive News a few years back and trying to learn the service and parts business, Lee Harkins, CEO of dealership training company M5 Management Services, let me
Read More
Buying a car isn’t for the faint of heart: the haggling, the time suck, the wool pulled over one’s eyes. Even with the process largely moved online, it’s hard to shake the ghosts
Read More
Workers from the Audi dealership in Glenwood Springs look across the Colorado River at a mudslide pouring into the water on Tuesday morning.Ray K. Erku/Post Independent On Monday afternoon, Red Mountain across the
Read More
Group 1 Automotive Inc. is calling out some dealership sellers who it believes are pricing their businesses unrealistically high. “There is a certain portion of sellers that have unrealistic expectations,” Group 1 Automotive
Read More
With cars costing more than ever before and dealerships having a hard time getting and keeping inventory, now is a good time as any to look into purchasing a used car, especially if
Read More
Real Estate By Mary K. Jacob April 28, 2023 | 3:43pm Luxury car dealer Michael Cantanucci bought this Palm Beach mansion for a record $170 million. Addison Development; Getty Images Luxury car dealer
Read More
Indianapolis – Circa March 2021: Ford SUV display at a dealership. Ford sells traditional gasoline, electric and hybrid SUV models. After supply chain issues pushed used car prices up drastically in 2021 and
Read More
Marthaler, Menke expand in WisconsinMarthaler Auto Group, led by CEO Aaron Marthaler, has grown to eight dealerships in Minnesota, Wisconsin and Michigan, aided by last summer’s purchase of two dealerships in Schofield, Wis.,
Read More
“Doing business here is much more difficult than the lower 48 for logistical reasons,” said Cook, who added it’s typical for customers to ferry vehicles in for service. But, he said, the acquisition
Read More