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Dealer Opsby StaffSeptember 29, 2022

Cox Automotive Lowers Full-Year New-Vehicle Sales Forecast

September U.S. auto sales, when confirmed next week, are expected to show a new-vehicle market mostly unchanged from previous months and still stuck in low gear.

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Dealer Opsby StaffSeptember 28, 2022

State Charging Station Plans Move Forward

The U.S. Transportation Department (USDOT) has approved electric vehicle (EV) charging station plans for all 50 states, Washington D.C. and Puerto Rico.

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Fixed Opsby StaffSeptember 28, 2022

New Vehicle Purchasers Stick With Favored Brands

A J.D. Power brand loyalty study finds most car buyers return to the same brand when trading in their used vehicles.

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Auto Financeby StaffSeptember 27, 2022

Black Book Unveils 2022 Vehicle Depreciation Report

Black Book and Fitch Ratings just unveiled their latest joint depreciation report, taking an in-depth look at car and truck segment depreciation trends in 2021, as well as our outlook and forecast for depreciation in 2022.

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Dealer Opsby StaffSeptember 27, 2022

BMW Predicts Sales Growth in 2023

BMW will reach the higher end of its 7-9% margin target for its vehicle business and will see slight sales growth in 2023, forecasted CFO Nicolas Peter in a roundtable this week.

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Dealer Opsby StaffSeptember 27, 2022

Hertz and BP Pulse to Build EV Charging Network

Hertz has partnered with BP Pulse, BP oil company’s EV charging arm, to build a network of electric vehicle charging stations across the U.S.

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Dealer Opsby StaffSeptember 27, 2022

VW Announces Alexa-Guided Test Drives

Customers in select regions can now schedule an in-person Alexa guided test drive of VW’s ID.4 SUV.

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F&Iby StaffSeptember 23, 2022

China Joins Others in Chiding US Over EV Tax Breaks

Big EV battery, materials supplier says cutting it out is ‘discriminatory.’

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Dealer Opsby StaffSeptember 23, 2022

Ex NJ Dealership Staffer Charged in Theft Scheme

Former Nissan store ad executive arrested. Prosecutors say he established shell companies to hide crimes.

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Dealer Opsby StaffSeptember 23, 2022

Construction Begins on Ford’s New $5.6 Billion EV Manufacturing Complex

The facility will further Ford CEO Jim Farley’s goal to build 2 million EVs annually by the end of 2026.

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