Penske to expand used-car stores

Penske Automotive Group has launched its own line of standalone used-car stores with the planned purchase of CarSense, which owns five used-only stores in the Philadelphia, Pittsburgh and southern New Jersey.

Incentives keep market running at record pace

After three consecutive declines, automakers managed in November to make the largest year-over-year U.S. sales gain since February, but it took a big jump in incentives to make that happen.

Ford could owe store a decade of spiffs

Ford Motor could owe a Maine dealership, Darling's Ford, millions of dollars in damages after failing to provide proper notice of a change in an incentive program more than 10 years ago.

Accountant resolves key used-car conflict

An inherent tension exists at most franchised dealerships between fixed operations and used-car sales. But at one large North Carolina dealership,

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Penske to expand used-car stores

Penske Automotive Group has launched its own line of standalone used-car stores with the planned purchase of CarSense, which owns five used-only stores in the Philadelphia, Pittsburgh and southern New Jersey.

Incentives keep market running at record pace

After three consecutive declines, automakers managed in November to make the largest year-over-year U.S. sales gain since February, but it took a big jump in incentives to make that happen.

Ford could owe store a decade of spiffs

Ford Motor could owe a Maine dealership, Darling's Ford, millions of dollars in damages after failing to provide proper notice of a change in an incentive program more than 10 years ago.

Mazda looks to next-gen CX-5 for a lift

Mazda Motor Corp. CEO Masamichi Kogai, fighting sliding sales and a tougher U.S. auto market, is banking on an ambitious next-generation product plan to lift the boutique Japanese brand above its mass-market competitors.

Accountant resolves key used-car conflict

An inherent tension exists at most franchised dealerships between fixed operations and used-car sales. But at one large North Carolina dealership, that long-standing and bitter conflict has been amicably resolved -- by the accountant.

Honda views its CR-V and sedans as equals

Honda is riding high on the crossover trend, with a CR-V that has been one of the nation's most popular utility vehicles and a redesigned version queued up to go on sale this month. But Honda doesn't see the CR-V replacing either the Accord or the Civic as its most notable seller.

Penske acquires used-only dealership group

Penske Automotive Group is adding used-only vehicle dealerships. The nation’s second-largest auto retailer has signed a deal to acquire CarSense, a stand-alone retailer of used vehicles with stores in Philadelphia, Pittsburgh and southern New Jersey.

China slaps 10% tax on ultraluxury vehicles

China introduced a 10 percent tax on vehicles such as the Ferrari GTC4Lusso, Bentley Bentayga and Aston Martin DB9 to combat conspicuous consumption and promote more fuel-efficient vehicles.

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