Volkswagen dropping in-house U.S. auto loans, giving business to Wells Fargo
Volkswagen will cease to write U.S. Audi and VW auto loans through its in-house captive finance company and instead refer that business to Wells Fargo starting in April. It will also start to refer U.S. Ducati motorcycle loans to Wells Fargo at some point....
German maker of digital price tag tech targets U.S. dealers
Digital Communication Solutions developed digital price tag tech that relies in part on artificial intelligence. Prices can be changed instantly....
Column: How to sell and service EVs? Bowman Chevy has answers
EV attitudes, training and infrastructure can make a difference at dealerships....
Which Stellantis Brands Have the Highest Potential?
Carlos Tavares has given each brand a of them a ten-year period to determine their viability. Will they all survive?...
Leo Michael cartoon: 4-way sales stop
There's high drama playing out in the U.S. auto market. The question is: Will somebody flinch? 'It's a standoff right now — between consumers, dealers, automakers and lenders — to see which one is going to blink,' says Tyson Jominy of J.D. Power....
GM issues stop sale, recall on 2024 GMC Canyon pickups to fix headlamp issue
The recall affects about 13,200 Canyons in the U.S., about 40 percent of which are in dealership inventory or in transit, a GM spokesperson said....
Del Grande dealerships get ahead of California turf crackdown with low-water landscaping
When California announced a coming ban on watering ornamental turf, Del Grande Dealer Group made a plan to save water, save money and upgrade its Silicon Valley landscaping with native plants...
Self-driving tech spurs investment rebound in mobility sector
Investments in the mobility sector are perking up after a rough multi-year stretch, according to the latest data from financial insights firm Pitchbook. Deal vaues reached $6.7 billion in the second quarter in the segment....
Daily 5 report for Sept. 12: Where will the GM-Hyundai relationship end up?
While nothing has been promised or is happening now between GM and Hyundai, the potential is huge....
U.S. vehicle inventory hovers below 3 million
New-vehicle inventory in the U.S. was at 2.91 million last month, down slightly from the previous month, Cox Automotive said....