Some used-vehicle-only retailers in the U.S. (revenue in millions)
The 25 used-vehicle-only retailers on this list collectively sold 1,530,836 retail vehicles in 2023, down 9.2 percent from 1,685,716 in 2022. The 2022 total includes 24 groups as Zoom Automotive, of Bristol, Tenn., did not report sales that year....
VW pitches ID Buzz EV to nostalgic Grateful Dead fans in Vegas
VW hopes to play off its role in 1960s counterculture by exhibiting a vintage microbus and the upcoming ID Buzz at a Grateful Dead fan experience....
Editorial: China EV tariffs help incumbent carmakers, UAW
The latest U.S. tariffs on China may score political points, but there are trade-offs....
Indy 500 at a crossroads: Iconic racing league is on cusp of starting its hybrid era
IndyCar is finally set to introduce its hybrid system this summer. That makes the 2024 Indy 500 the last time the open-wheel cars will run at the Brickyard without hybrid power....
Nearly 80% of consumers would consider buying an EV in four years, Cox says
EV skeptics would consider an EV if it costs the same as a gasoline-powered alternative and if more public charging becomes available....
Used-vehicle demand continues to rise
China’s used-vehicle market expanded 15 percent year over year to exceed 1.34 million in April, according to the tally of the China Automobile Dealers Association. ...
Service tip: Build strong team with training, regular check-ins
To build a high-performing team, a service manager should focus on cementing team dynamics and enhancing performance, said Corey Smith, national fixed operations training manager at EasyCare....
Ford issues ‘call to action’ for EV suppliers
Ford's memo offers a look into how heavily the automaker is leaning on suppliers for help with EVs. It comes even as many of those suppliers grapple with dramatically lower volumes and production delays....
Tesla Cybertruck beats Rivian R1T in March registrations, but Ford leads in EV pickups
In its fourth month on sale, the Tesla Cybertruck had 1,158 registrations versus the Rivian R1T's 548. The Ford F-150 Lightning led the EV pickup segment with 2,893, S&P Global Mobility data showed....
F&I tip: Don’t be afraid of artificial intelligence in F&I
Car dealership offices shouldn't fear artificial intelligence, says Barry Schwartz, senior director of business development at finance and insurance metrics and menu provider StoneEagle....