Tag: Dealerships

Dealers Now Getting Stuck With Pre-Ordered Cars

Things are just beginning to favor car buyers for once. Lending institutions are getting stricter about making loans on new car sales that are depreciating faster, decreasing their values quicker.  That means a

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This Is Why Car Dealerships Could Be Facing Tough Times

Car dealers had quite the rollercoaster years during the pandemic. After a slow start, mostly because dealers had to close down showrooms due to lockdowns and stay-at-home orders, the sector picked up steam,

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Electric vehicles power up CA dealership after an earthquake

After a 6.4 magnitude earthquake struck Northern California, thousands were left without power. One dealership in North Eureka found a unique solution by plugging in two of its electric vehicles – a Ford

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LMP Automotive under contract to sell 2 more dealerships as it continues plans for liquidation

Growing Morgan Automotive Group of Tampa, Fla., bought two Florida Kia dealerships from LMP Automotive Holdings Inc. last week and bought a Florida Stellantis store in a separate, unrelated November transaction. It marks

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Car dealership falsified customers’ income: New Hampshire AG

Dan O’Brien Kia in Concord, New Hampshire, will pay $1.25… Continue reading this news update.

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Dan O’Brien Kia Concord Agrees Deceptive Practices Settlement – NBC Boston

After allegations of unfair and deceptive practices, a New Hampshire car dealership has agreed to pay a $1.25 million settlement, offer restitution to two people who were deceived and submit to years of

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Cavender Auto Family adds Subaru, Chevy and Buick-GMC dealerships

Growing Cavender Auto Family expanded its presence in Oklahoma, which it entered this year, with its latest acquisition. Cavender Auto Family, of San Antonio, on Dec. 12 bought Hudiburg Chevrolet and Hudiburg Buick-GMC,

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Car prices could drop 20% next year. Here’s where to expect the best deals first.

Industry experts have tips on how car-buyers can get the best deal in 2023.AP Photo/David Zalubowski After years of high prices and low inventory, car buyers might finally see things go their way.

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Why car dealers may face a bumpy road ahead

Do you still go to a dealership to buy a car, or do you purchase online and get it delivered to your home? Why do so many of us think we can successfully

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Finally! Used Car Prices are Falling, but Consumer Reports Says There’s a Catch

Buying a used car has been particularly annoying over the last two years. Seeing prices for used models exceed the MSRP of a new model is enough to make any self-respecting person want

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