Sonic warns of earnings hit on 'lower' BMW, Honda spiffsJuly 17, 2018
The country's fifth-largest dealership group said lower manufacturer-to-dealer incentives will dampen second-quarter and full-year profits, with continued margin pressure expected on Honda and BMW sales in the third quarter.
'BAD CHOICES, BAD DECISIONS'July 16, 2018
The onetime Minneapolis car-dealing kingpin, whose over-the-top lifestyle and spectacular fall in the wake of the Great Recession shattered lives and left him with a mountain of debt, is free -- and he's talking.
Zeigler Auto grows in ChicagoJuly 12, 2018
Zeigler Auto Group is boosting its presence in the Chicago market, while diversifying its portfolio of luxury and American brands.
AutoCanada, facing investor pressure, appoints new presidentJuly 6, 2018
AutoCanada, the country's largest publicly traded auto dealership group, named Michael Rawluk president and parted ways with Mark Warsaba. Steve Landry remains CEO of the company.
CarMax lets buyers handle more of their purchase onlineJuly 2, 2018
CarMax is taking its multiple online pilots and creating one e-commerce platform for consumers who want to buy a car over the Internet.
Auction giant looks aheadJuly 2, 2018
With the prominence of the physical auto auction shrinking, Cox Automotive and its Manheim unit are honing digital services and building up other revenue streams such as reconditioning.
Why Apple CarPlay, Android Auto were found to be less distracting than built-in auto systemsJune 27, 2018
Built-in vehicle infotainment systems designed by automakers are more distracting to drivers than Apple CarPlay and Google's Android Auto, according to AAA research.
Retailer Prime gives subscriptions a spinJune 25, 2018
If the future includes customers who don't want to own or lease vehicles, Prime Motor Group aims to be ready with a subscription service.
CarMax profits rise on tax-rate changeJune 22, 2018
CarMax's profits rose in the quarter ended May 31 largely because of a lower income tax rate, the nation's largest used-car retailer said Friday.
Manheim auctions get high-tech overhaulJune 25, 2018
Manheim has wrapped up a three-year, $100 million high-tech makeover of its physical auctions, re-engineering every process and replacing old technology.
McLaren to open store near DetroitJune 19, 2018
McLaren is expanding its retail footprint in the United States by partnering with one of the largest dealership groups in the country, the Suburban Collection, for a new store near Detroit.
AutoCanada launches strategic review after request by activist investorJune 18, 2018
AutoCanada said its board has appointed a special committee of independent directors to review strategic alternatives following a request by an activist shareholder, the Canadian Press reported.