Feldman buys car dealership that battled back after Chrysler bankruptcy
Feldman Automotive Group is expanding with the acquisition of a dealership in Livonia, a Detroit suburb. Livonia Chrysler Jeep has been renamed Feldman Chrysler Jeep of Livonia following the acquisition, which closed Aug. 1. Feldman now owns and operates 21 automotive and RV/Airstream dealerships across Michigan, Ohio and Indiana, including six with actor Mark Wahlberg in Cleveland and Columbus, Ohio.“Our mission at Feldman Automotive is to provide a first-class buying and customer service experience at all our dealerships, and our team is excited to provide more brands to Livonia and the surrounding communities,” Jay Feldman, chairman and CEO of Feldman Automotive Group, said in a news release. Before...
Middle America Is Littered With Abandoned Race Tracks. This Is Their Story
We took a Porsche Boxster to Lynndale Farms, Meadowdale Raceway, and Wilmot Hills. Although they haven’t held races in more than a half-century, there's still life here....
China auto market hits milestone as EVs, hybrids make up half of July sales
Half of all vehicles sold in China in July were either new pure electric vehicles (EV) or plug-in hybrids, industry data showed, a milestone that underscores how far the world's biggest auto market has leapt ahead of Western counterparts in EV adoption....
Openlane’s vehicle volume up 7%, revenue rises 4% in Q2
The CDK outage in June disrupted operations for some of Openlane's clients, which had a "small" impact on the company's second-quarter volume, its CEO said....
New-car sales dip for fourth straight month but EVs, hybrids make up half of July sales
Demand for new passenger vehicles in China has contracted for the fourth consecutive month in July, as weakened demand for fuel-powered vehicles more than offset the sales increase of electrified vehicles, according to the China Automobile Dealers Association....
Volvo sales tumble in July
China sales at Volvo Car Corp. have contracted for four straight months, with July volume plunging 31 percent year on year to 9,775....
Praise Be: Mercedes-AMG Still Cooking New V-8 Cars
The downsizing bug won't bite all AMGs....
Ram Professional unit looks to grow truck brand’s commercial business
Ram's commercial team is touting a product slate with the brand's most diverse set of powertrains ever, including the new ProMaster EV that Amazon will use for last-mile deliveries....
F&I tip: Paper auto loan holdouts ‘need to get going’ on digital
Auto lenders are going digital, according to an executive for e-contracting support company Wolters Kluwer — and car dealerships should, too....
Guest commentary: Fraud prevention across the car-buying journey
The rise and impact of fraud in the automotive industry has significant implications for both consumers and auto retailers. It is imperative to combat fraud across each step of the car-buying journey....