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Warren Buffett has run afoul of the same Texas law that prevents Elon Musk from selling Teslas at factory-owned stores.
As the launch of the redesigned 2017 BMW 5 series ramps up, U.S. dealers have a common refrain: More cars!
Some dealers shudder when they hear used-car giant CarMax is opening a store down the road. This used-only dealer deliberately placed his second store next to a CarMax. Here's his strategy.
Lithia Motors' net income rose 26 percent in the first quarter, on acquisition-powered volume gains in all departments.
Lithia Motors said net income increased 26 percent to $50.7 million in the first quarter from the year-earlier period, on volume gains in all aspects of the dealership group's business.
Cox Automotive has hired a 21-year veteran of the housing industry to take over as its chief economist. Jonathan Smoke succeeds Tom Webb, who will retire on June 30.
AutoNation CEO Mike Jackson praised President Donald Trump for appointing “professional de-regulators,” but questioned Trump's ability to enact his agenda.
On topics from President Donald Trump to hybrid cars, AutoNation CEO Mike Jackson was his usual outspoken self at the NADA/J.D. Power Automotive Forum.
The head of America's biggest auto dealership group isn't sold on Tesla becoming the top U.S. automaker by market capitalization.
Only a few days after his retirement from Honda, John Mendel was nominated to join the board of directors at car shopping service TrueCar.
GM said a glut of used vehicles will return to market after their leases expire and drag on its finance unit this year, following similar warnings by peer Ford and lenders such as Ally Financial.
CarMax's net income rose 8.2 percent in the quarter ended Feb. 28 on a solid rise in used-vehicle sales.
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