Retail
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Buy-Sell
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AutoNation sells 8 dealerships for $156 million
AutoNation Inc. sold eight dealerships in the third quarter in a move CFO Thomas Szlosek attributed to "optimizing shareholder value."
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Retail
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Sonic Automotive, Penske Automotive add service technicians in 2024
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Retail
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Kia loses bid to dismiss suit involving Set For Life service plan at closed dealership
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Category
Retail
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Group 1 Automotive’s net income fell 29% in Q3 on higher interest expenses, ‘weather events’
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Dealership Buy-Sell
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Canada’s 401 Group expands to U.S. with purchase of Fort Myers Mitsubishi
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Asbury sells lone Washington store to Findlay
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Title
AutoNation sells 8 dealerships for $156 million
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Title
Could AI software put a value on a car dealership? Some say yes
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Lithia Q3 net income dinged by acquisition costs; quarterly revenue hits record
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Bruce Auto Group has acquired Vantage Motors Volkswagen in N.S.
Finance & Insurance
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Volkswagen sees a future for new-vehicle subscriptions
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Credit Acceptance Q3 net income up 11% amid record auto loan portfolio
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Ahead of Fed Nov. decision, auto lenders say more rate cuts would help demand
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F&I data: October new-vehicle interest rates on track to be down by 0.7 points, J.D. Power says
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F&I tip: Potential signs of fraudulent buyers in auto deals
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F&I data: Used EVs losing value faster than hybrids and gas-powered cars
Service & Parts
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1 Thing We’re Talking About: Petra forms three new partnerships
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Overheard: Clear career path for entry-level technicians a must
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How Scout plans to sell, service the Traveler SUV, Terra pickup
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Penske expands service-scheduling AI pilot nationally
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1 Thing We're Talking About: Mobile service platform Curbee names new CEO
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Overheard: Celebrate milestones big and small to bring service shop together
Used Cars
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Accused Kentucky burglar tried his hand at used-vehicle sales
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Daily 5 report for Oct. 24: Carvana 'just scratching the surface' with AI
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Used-vehicle power players Carvana, CarMax see AI uses in inspections, appraisals and more
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Title
F&I data: Used EVs losing value faster than hybrids and gas-powered cars
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Why a lot more used EVs are about to become eligible for a tax credit. Older ones are a mixed bag
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Used EVs could be answer for consumers seeking affordability