With inventories growing consumers are finding greater discounts and more choices according to Cox Automotive research. Auto shoppers shut out of the new-vehicle market by high prices and few ...
Auto dealers are increasingly using TikTok to preview cars for sale and reveal industry secrets, like how salespeople might use hidden fees and other strategies to pressure buyers into spending more ...
A new reality created by automakers like Ford Motor Co. and Tesla Inc. is forcing dealers to make tough choices in uncertain times. LAS VEGAS — Jason Hooe is a Ford dealer who can’t wait to sell the ...
NEW YORK — The economic uncertainty and growing unemployment levels have led auto sellers and servicers to keep a close eye on increasing auto loan delinquencies and take proactive steps to mitigate ...
Electric vehicles will generate far less service revenue than gas cars over their life expectancy. Tesla and other sellers of electric-only cars are bypassing dealers, selling directly to customers.
Auto dealer stocks were among the major gainers in a broad rally for consumer discretionary stocks on Tuesday. Shares of Lithia Motors (NYSE:LAD), AutoNation (NYSE:AN), Sonic Automotive (SAH), Penske ...
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