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Just who exactly is a certified pre-owned vehicle buyer? Well, it can actually be just about anybody who walks through the showroom door.
Former Ford Motor Co. CEO Alan Mulally, speaking at the National Auto Auction Association's annual convention, knocked tax credits and mandates for EVs as ineffective policy tools.
Despite the headwinds it faces today, including new mobility services that are disrupting the status quo in the auto industry, Ford Motor Co. "will figure it out," Alan Mulally, the automaker's retired CEO, said Wednesday at a conference on used vehicles.
Could the failings of bankrupt Sears be a warning for auto retail? Perhaps. But auto dealers don't have to accept Sears' fate.
Helping others in their communities is a common pastime for employees of the Best Dealerships To Work For.
Lawyers have been advising dealership owners to keep quiet if they realize they've faced a cybersecurity problem.
The transition to a new CEO could make for a real tone shift at AutoNation. It's one thing to find a smart business leader who can run the country's largest new-vehicle retailer; it's another to replace someone who has effectively served as the voice for an industry.
AutoNation is launching a search for a new CEO as longtime leader Mike Jackson prepares to move into a new role as executive chairman of the country's largest new-vehicle dealership group. Jackson turns 70 in February.
KAR is pouring money into its TradeRev business with a vision of growing the online appraisal and auction tool's annual volume from the thousands to the millions.
Increasing demand for used vehicles, concern over potential tariffs and tightening supplies are causing used-vehicle prices to strengthen instead of taking their normal summer dip.
Public retailers' acquisition spending is on the rise but private dealers bought fewer dealerships during the first quarter, dragging down overall buy-sells.
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