Lease

NEW YORK — In a rapidly changing automotive retail industry, getting bigger can make a difference in the long term, but what will matter more is becoming and remaining a better dealer, according to panelists speaking on mergers and acquisitions strategies Tuesday at the J.D. Power Automotive Forum here. Mergers and acquisitions activity doubled during […]

In March, the total sales of Ford and Lincoln vehicles in the United States increased by 7.9 percent year-over-year to 171,944, while in Q1 sales amounted to 475,906 (10 percent more than a year ago). Results in March and year-to-date: Ford sales: 164,977 (up 8.7%) and 456,972 (up 10.7%) Lincoln sales: 6,967 (down 6.9%) and

Taking delivery of a classic 1962 Chevrolet Corvette Convertible should be a joyous occasion but, for one owner, it quickly turned into a nightmare when his precious classic sports car rolled off a car transporter, crashing into the tarmac. The video, first posted to TikTok, has since gone viral and shows the cream-colored ‘Vette ready

NEW YORK — Jeremie Papin, chairperson of Nissan Americas, said the company’s Ambition 2030 strategy is going to involve even more cooperation with dealers than the company has been enjoying in recent years. In the near to medium future, he said, he envisions dealers remaining involved with vehicles through multiple owners, by way of second-life

The return to more-regular economic activity after the supply chain snarls and federal stimulus of the pandemic is making this year’s historically excellent prospects look almost disappointing, speakers at the New York Auto Forum said Tuesday. Last year was “hands-down the most profitable year ever” for auto dealers, said Thomas King, president of the data

Bolt and Bolt EUV sales increased by a staggering 5,402.8% compared to last year, with a healthy 19,700 units leaving showroom floors in the first quarter. This monumental increase shows that consumers have put their faith in the compact electric vehicle again following the battery fire debacle that nearly killed the EV’s reputation. Chevrolet worked

Bits of crumpled bodywork and shattered glass lay strewn across the tarmac, and it’s clear to see both vehicles have taken quite a pounding. The entire right side of the BMW is damaged, with a caved-in passenger door and fender. Fluids can be seen spewing out from behind the panels. Similarly, the innocent Audi looks

General Motors reports 603,208 vehicle deliveries during the first quarter of 2023 in the United States. That’s a 17.6 percent increase year-over-year, but the result is still some 6 percent below Q1 2021. The most important thing for us is that GM is quickly increasing battery electric vehicle (BEV) sales, setting a new all-time quarterly

Long before Tesla was able to secure the huge site that will become its Giga Mexico electric car factory, it was set to be a Six Flags amusement park. The land is located in the Mexican state of  Nuevo Leon, in the city of Santa Catarina, which is near Monterrey. According to Teslarati, it was way

Ryder will be the latest customer for General Motors’ BrightDrop electric vans. The rental company on Monday announced plans to acquire 4,000 BrightDrop vans through 2025, with the first 200 to be ordered this year, according to a company press release. The first vehicles will be 2023 BrightDrop Zevo 600 models heading to rental fleets