Geely hikes 2024 sales target
Geely Automobile Holdings, citing strong first-half volume, raised its sales target for 2024 to 2 million, a 5.3 percent increase from goal it set at the start of the year. ...
FORD: EVs, Lincoln drive slight gain as F-Series slips in Q2
Ford sold 532,466 light vehicles in the quarter, including a record 53,822 hybrids. Overall pickup sales rose 5 percent, but deliveries of its flagship F-Series line fell 6.1 percent....
More highlights from amicus briefs in FTC CARS Rule case
Stakeholders including used-car dealer group NIADA and two Florida auto retailers have filed amicus briefs offering the 5th Circuit Court of Appeals additional perspectives on the FTC's impending CARS Rule for dealerships....
Saleen Tried to Take on Ferrari. Here’s Why It Failed
The S5S Raptor was supposed to be Saleen's Ferrari fighter. But it never even made it to production....
Finance managers should take their time with the menu presentation
Finance managers should also explain the true benefits of products and give real examples of their uses....
Editorial: Buy-sells undergo ‘Great Recalibration’ as expectations adjust
Dealers who sold their stores asked for and received top dollar for their stores during pandemic boom times. Expectations now need recalibrating....
Collision repair organization I-CAR develops new curriculum for schools, shops
The Inter-Industry Conference on Auto Collision Repair is introducing new entry-level curriculum for career and technical schools as well as collision repair centers as part of its I-CAR Academy....
Group 1 buys 4 Mercedes-Benz stores in the UK
The Houston dealership group announced the purchase from L&L Automotive on July 1....
Hyundai Supernal air mobility plans aircraft demo this year
Hyundai Motor Group doesn't have a long track record making advanced air mobility products. But Jaiwon Shin, president of its Advanced Air Mobility division, says Hyundai has plenty of strengths to make it a contender....
Tesla’s Q2 deliveries fall 4.8% for second straight decline despite sales promotions
Tesla said it delivered 443,956 vehicles globally in the second quarter, which was better than expected by Wall Street analysts. Tesla's stock price rose about 8 percent in July 2 early trading...