CLARION TWP., Pa. (EYT) – State Police say a Strattanville man faces charges for intentionally crashing into a service garage door at a local dealership in March. According to court documents, 46 Michael S. Donahueof Strattanville, faces the following charges: – Burglary – Not suitable for overnight accommodation, no oneRead More →
DUBLIN, May 30, 2022 /PRNewswire/ — The “Used Car Market Size, Share and Trend Analysis Report by Vehicle Type (Hybrid, Conventional, Electric), by Vendor Type, by Fuel Type, by Size, by Delivery Channel sales, by region and segment forecast, 2022-2030” report has been added to ResearchAndMarkets.comit is offer. The sizeRead More →
DUBLIN, May 30, 2022 /PRNewswire/ — The “Used Car Market Size, Share and Trend Analysis Report by Vehicle Type (Hybrid, Conventional, Electric), by Vendor Type, by Fuel Type, by Size, by Delivery Channel sales, by region and segment forecast, 2022-2030” report has been added to from ResearchAndMarkets.com offer. The sizeRead More →
Profits for the UK’s top 20 car dealership groups have increased more than sevenfold over the past year, from £105m in 2019/20 to £764m in 2020/21. That’s according to new research from national accounting group UHY Hacker Young. Auto dealership groups had a very strong 12 months, rebounding from aRead More →
There may never be the perfect time to sell your dealership. Principal Dealers considering a sale are motivated by many reasons; some are tied to market conditions and others to personal goals. Thus, it is rare in our industry to find a dealer who is 100% certain that (a) sellingRead More →
Monday, May 30, 2022 12:03 a.m. The number of car owners fell for the second consecutive year. Profits for UK car dealers more than sevenfold in 2021 following a surge in post-Covid demand. According to data from accounting group UHY Hacker Young, profits rose by 627% from £105m in 2019/20Read More →
Boksburg Car Sales’ Shelby van Tonder recently won a prestigious award in the Emerald category at the Lightstone Star Reacher F&I Awards 2021/2022. The big winners were announced at an elegant and exclusive awards ceremony which took place at Monte De Dios in Pretoria on May 21st. Andries Pienaar, ownerRead More →
German luxury carmaker BMW expects electric vehicle sales to account for more than 10% of its total car sales in India by next year. In November last year, the company announced plans to launch three electric vehicles in six months in India. It has already launched its flagship all-electric iXRead More →
The owner of a Campbell River, B.C. car dealership credits lessons learned through COVID restrictions to helping his staff continue to operate after a recent structure fire. Scott Kilby is the main dealer for Campbell River Hyundai, which was hit by a fire Tuesday that started inside a maintenance garage.Read More →
Advertising Retail sales in Canada were virtually unchanged in March from February due to a drop in new car sales sales offset healthy consumer spending, Statistics Canada said. Total retail sales in Canada hit $60.1 billion in March, flat on monthbefore, the statistics agency said. The latest resultRead More →
POWER tech giant Cummins has unveiled a 15-litre hydrogen engine that could pave the way for emission-free heavy-duty transport. Launched at the Advanced Clean Transport Expo in California, the new powertrain called X15H is an internal combustion engine that will run much like a diesel engine but with clean hydrogenRead More →
If you are looking to buy or sell your dealership in today’s automotive retail market, what do you need to know? Today on Inside Automotive, we are pleased to welcome back Alan Haig, President and Founder of Haig Partnersto share a preview of the Haig T1 Report and discuss today’sRead More →
ANCAP has given the Kia EV6, Mercedes-Benz C-Class (sedan) and Volkswagen Multivan PHEV (on sale in New Zealand) a five-star maximum safety rating. All three models have been tested against the more stringent ANCAP 2020-2022 testing requirements. The recently launched battery-electric EV6 scored well in all key elements of theRead More →
BMW and Mini could switch to a direct sales agency model in Europe, but the local subsidiary of the Bavarian group says it has no plans – for the time being – to follow this example. BMW Group Sales and Marketing Director Pieter Nota recently told Automotive News Europe (ANE)Read More →
By Matt McFarland, CNN Business Retail sales of new cars are expected to fall 20.9% this month from the same period last year, amid vehicle shortages and sky-high prices, according to automotive research firms JD Power and LMC Automotive. The forecast is partly due to continued supply chain disruption andRead More →
Welcome to another episode of Service Drive with Don Reed, CEO of DealerPRO Training. One of Reed’s Fixed Operations Specialists from DealerPRO Training recently spent two days conducting a performance review of a dealership’s service and parts operations. Once the assessment was completed, the specialist reviewed the findings with theRead More →
Today, customers line up to buy vehicles and salespeople mostly take orders. We don’t know when the supply chain issues will be resolved. We know stocks will eventually come back slowly. Will your sales teams be ready for a more competitive market? Will they have the tools to be productiveRead More →
By Matt McFarland, CNN Business CNN – Retail sales of new cars are expected to fall 20.9% this month from the same period last year, amid vehicle shortages and sky-high prices, according to automotive research firms JD Power and LMC Automotive. The forecast is partly due to continued supply chainRead More →
Pleasant Grove, United States – May 25, 2022 — The company now offers a wide selection of high-quality used vehicles, including cars, trucks, vans, SUVs, sedans and family crossovers. Some of the models they offer include Buick, Cadillac, Chevrolet, Dodge, Ford, Honda, GMC, Hyundai, Jeep, Kia, Mercury, Mercedes-Benz, Nissan, Suzuki,Read More →
A German automotive supplier has developed an innovation for a critical part in every car. Rheinmetall has invented a suspension spring that is up to 75% lighter than a conventional spring because it is made of fiber reinforced plastic. Your car’s suspension does amazing work. Not only does it haveRead More →
Research suggests that the chip shortage may begin to ease towards the end of 2022, but until then used car prices are expected to continue to rise. (hxdbzxy, Shutterstock) Estimated reading time: 5-6 minutes WASHINGTON – If you’re looking for a new car, finding one can be tough. Automakers areRead More →
Two years ago, it was unimaginable for a global automaker to cut production. Global demand for cars and light trucks was strong almost everywhere. This demand remains strong, but there are not enough cars. The microchip shortage that has hit the industry has prompted Toyota to say it will cutRead More →
A new partnership was launched today, with Auto Trader to power Autocar’s used car pages and its What Car? sister site. This partnership will help Auto Trader expand the sales opportunities of its retail partners by reaching an additional 24.9 million consumers each year and increasing its influence on theRead More →
The Australian auto industry lobby group has repeated calls for tougher vehicle emissions mandates following the federal election – even if the auto sector cannot meet its voluntary targets. 0 See 5 pictures Australia’s auto industry has renewed calls for the Federal Government – led by newly elected Prime MinisterRead More →
GENERAL Motors CEO Mary Barra told Automotive News Europe that the company can re-enter the European market as a company focused on electric vehicles and that it has no seller’s remorse for divesting Opel and Vauxhall in 2017 to what was then the PSA group. It remains unclear whether theRead More →
THE shortage of microprocessors continues to wreak havoc on global vehicle production, with European and North American production facilities recording particularly large losses in the latter part of May. According to a report in Automotive News, North American factories pulled about 87,500 vehicles from their production schedules, with European assemblyRead More →
LESS than 48 hours after the announcement of the federal election results, the Federal Chamber of Automotive Industries (FCAI) called on the Albanian government to adopt the industry’s own voluntary emissions reduction program for Australia’s light-duty vehicle fleet. According to FCAI CEO Tony Weber, the time has come for theRead More →
A charity that delivers blood products, emergency samples and medicine to Hampshire and neighboring counties has received a boost thanks to Hendy’s Group in Eastleigh who provided SERV Wessex -The Blood Runners with a car for their work vital. The Kia Niro has been donated for two years and willRead More →
Funeral of car dealership owner shot and killed while trying to retrieve loaner car Salem Autos in Arlington was temporarily closed as used car dealership owner Adel Elhindawi was laid to rest. ARLINGTON, TX – Arlington police have strengthened charges and made a second arrest in the shooting death ofRead More →
BLOOMFIELD, NJ — A Bloomfield-based auto dealership company was among three companies that recently reached a settlement with the state over alleged consumer protection violations, authorities said Friday. Acting Attorney Matthew Platkin and the Consumer Division said separate settlements totaling nearly $400,000 have been reached with three car dealerships, includingRead More →
A developer is pushing ahead with plans to build nearly 200 apartments on the site of a car dealership in Watford. It would see Glyn Hopkin’s showroom and forecourt in Lower High Street demolished and replaced by around 190 homes. London Square says its project aims to transform the locationRead More →
New car registrations fell by more than 20% across the European Union in April, in what was one of the worst months since the peak of the Covid-19 pandemic in 2020. Data from the European Automobile Manufacturers Association (ACEA) reveals that 684,506 new vehicles were sold in the European UnionRead More →
article ARLINGTON, TX – The owner of the car lot who was shot while trying to retrieve a loaner car from a dealership in Arlington on Monday has died of his injuries. Adel Elhindawi, the owner of Salem Autos, died Thursday after being taken off life support. He was shotRead More →
The California New Car Dealers Association (CNCDA) reports that during the first quarter of 2022, total light vehicle registrations in California were 425,216 (down 13.8% year over year). on the other). The report begins with a list of issues: “Inflation has jumped, interest rates are rising, gas prices have risenRead More →
Few people like car dealerships. They are stressful and sprawling, and it is difficult to get rid of the feeling that someone becomes a raw deal. But as the auto industry becomes more electric and moves online, companies like Honda are rethinking every aspect of the buying process, including theRead More →
In its recent survey of automotive service managers, Carlisle & Co. asked service managers across North America to share their strategies for retaining technicians. In 2021, Carlisle noted, 28% of technicians left their brand — adding that those numbers would be higher if they measured those who left the dealership,Read More →
Midvale, United States – May 18, 2022 — Newcomers help low-credit customers find an economical vehicle they can rely on. With locations in Salt Lake City, Midvale, Salt Lake County, Provo and Ogden, Fast Start Auto is a popular dealership known for its exceptional customer service and wide selection ofRead More →
Auto dealership owner shot while trying to retrieve loaner car in Arlington The victim’s colleagues say the shooter has been a customer of their car dealership for years. They say the owner offered to hand over a loaner car he never got back. ARLINGTON, TX – As police continue toRead More →
Shanghai is home to many automobile production units, however, due to the rapid rise in Covid-19 cases, many automakers had to halt production in metropolitan Shanghai, leading to a major drop in cars sold. in April 2022. Shanghai is in its sixth week of an escalating Covid-19 lockdown that hasRead More →
The electric vehicle industry is full of budding talent eager to help companies outperform Tesla. Insider collected nominations for rising stars in the industry and chose 35 of them. Applicants had to be 35 or younger at the end of March to be eligible. As the world of electric vehiclesRead More →
The five-year-old boy has worked alongside his father at their car dealership since the age of one – earning £1 for every scratch or dent he spots. Matt Ward said he has been bringing his son Alfie to work at his Voldi Ltd used car dealership every Saturday “rain, snow,Read More →
(Yicai Global) May 17 – A sharp rise in logistics costs poses a big challenge for Shanghai auto industry players trying to get back to work as the city’s lockdown, which began last month, is eased as the Covid-19 outbreak comes under control. Compared to April, when neither raw materialsRead More →
Although the significance of the material setbacks pales in comparison to the human cost of the conflict, the automotive sector is beginning to feel the global side effects of the ongoing Russian invasion of Ukraine. Updated May 17, 2022 Audi has suspended production of the A4, A5 and A8 dueRead More →
The future looks uncertain for front-drive compact cars from Mercedes-Benz and BMW, as German premium brands seek to prioritize profit margins on high-end models – rather than high-volume ones – with their upcoming battery electric products. Speaking at the recent Financial Times Future of the Car 2022 conference, Mercedes-Benz chiefRead More →
Nationally, car sales fell the most in two years in April, down nearly 36% from a year earlier to 1.06 million units, data from China showed. Passenger Car Association published last week. To prove how tight Shanghai’s lockdown has been, consider this: not a single car was sold in theRead More →
Sentencing proceedings in the case against a man convicted of murdering 30-year-old Mohamed Dangor, owner of the Speedy Car Sales dealership in Klerksdorp, have again been postponed. The High Court of South Africa; The North West Division, sitting at Klerksdorp Regional Court, has postponed the sentencing of Confidence Sekgoro, 39,Read More →
DENVER – Getting a new car these days takes a lot of patience. “Things haven’t really improved, and we see that the chip issue is still a problem for all manufacturers,” said Kevin Shaughnessy, vice president of operations and partner at Phil Long Dealerships. Supply and labor constraints continue toRead More →
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LAS VEGAS, Nev. (FOX5) – A sales manager at a Las Vegas auto dealership is accused of embezzling $250,000 from the business because he had a gambling problem, according to a warrant from the Las Vegas Metropolitan Police. Michael Sims, 51, is accused of embezzling money from Cardinale Way AcuraRead More →
NEW JERSEY — A federal jury has convicted a man of a series of crimes in several states in which he kidnapped and sexually assaulted his ex-girlfriend, set fire to a car dealership and beat both a federal employee and a pregnant woman. Luis Figueroa faces life in prison forRead More →
The sentencing of the man who killed Mohamed Dangor at his father’s car dealership has been delayed. The case against Mohamed Dangor’s killer was adjourned to June. The delay was due to incomplete psychiatric reports, which were necessary for the sentencing process. Confidence Sekgoro, 39, shot Dangor at a carRead More →
CAR SALES INCREASE A Nissan dealership along Pasong Tamo Extension, Makati. The Philippine Chamber of Automobile Manufacturers Inc. and the Association of Truck Manufacturers said Thursday, May 12, 2022 that car sales continued to rise in April. PHOTO BY AARON RONQUILLO Car sales continued to grow in April, but atRead More →
LEXINGTON, Ky. (LEX18) – Kentucky customers of online car dealership “Vroom” are furious with the company after they encountered a host of issues and struggled to join the business. Vroom allows users to buy and sell cars online. Larry Martin decided to give it a try. “I wanted a newRead More →
UK used car sales rose 5.1% in the first quarter of 2022 compared to the same period last year, according to industry figures. Some 1,774,351 transactions in the used-car market took place, up 86,596 from the corresponding figure in 2021, when pandemic shutdowns only allowed dealer click-and-collect services. And figuresRead More →
In the summer of 2021, as Covid continued to upend our lives, Prime Minister Justin Trudeau made an easy-to-miss announcement: Canada would ban the sale of new gas-powered cars in 2035. Although this date may seem distant, it will have a huge impact on almost half a million people employedRead More →
In April 2022, passenger car manufacturers wholesale 903,000 vehicles, down 46% year-on-year and 50% month-on-month, according to the China Passenger Car Association (CPCA). In addition, 1.052 million passenger vehicles were sold in retail in China, with an average of 35,000 cars sold per day, a drop of 35% over oneRead More →
MANILA – For two consecutive months, sales by local vehicle assemblers have grown more than 40%, with April 2022 sales increasing 40.9%, the Philippine Chamber of Automobile Manufacturers, Inc. reported on Thursday. (CAMPI) and the Truck Manufacturers Association (TMA). . Vehicle sales increased to 25,149 units last month from 17,843Read More →
Over the past year, the auto industry has seen massive growth in new and used car sales, with the latter seeing some of the highest prices in history. However, the tide may be turning. Some recent events in the auto industry may indicate that used car sales are not asRead More →
Car sales plummeted last month, but CATL and BYD can’t get enough lithium – SupChina Jump straight to content Search any company based in China Search any company based in ChinaZhejiang Geely Holding GroupChina Development Bank International InvestmentCASILBYD automaticBeiGene (Beijing)Beijing Pingxin Media CultureBeijing JD36Kr holdingsBaidu (China)Qianjin Network Information Technology (Shanghai)GAIGAVISHINTaobaoRead More →
Agents from the Criminal Assets Bureau (CAB) today raided a well-known west Dublin car dealership whose owner is believed to be under serious financial pressure from exiled Kinahan cartel leader Liam Byrne. Investigators spent over an hour and a half at the dealership this morning where they examined a numberRead More →
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Last week, 45 new businesses applied to operate in central New York. Thirty-five were filed in Onondaga County and 10 in Cayuga and Madison counties. Businesses include several car dealerships, child care centers and clothing retailers. Four companies have filed for cessation of business in Onondaga County and one inRead More →
Last year South Tyneside Council’s planning department received an application from Vic Young Ltd to develop a unit at Elswick Way Industrial Estate. This included a store extension to the side of the car dealership’s existing body shop. According to the plans, the space would be used for storage andRead More →
Passenger car sales in April fell to 1.04 million vehicles, the China Passenger Car Association said on Tuesday, while production fell even more sharply, by 41%, to 969,000 vehicles. Among the hardest hit are Tesla Inc., Volkswagen AG and Nissan Motor Co. Last month, Tesla sold just 1,512 cars madeRead More →
Valerii Apetroaiei/Getty Images/iStockphoto Although it’s been nearly two years since a shortage of microchips turned the auto industry into a market defined by limited choices, high prices and long waits, little has changed despite the fact that the rest of the world he economy has mainly evolved. Many drivers simplyRead More →
Used car dealership The UK used car market grew by 5.2% in the first quarter of 2022 compared to the previous year, according to new figures from the Society of Motor Manufacturers and Traders (SMMT). The used car market has seen rapid price growth as the semiconductor chip crisis hasRead More →
This story is a doozy that begins with a used car dealership. A Massachusetts man has decided to help some scammers in Nigeria with a used car dealership to help launder nefariously earned money. This included romance scams, unemployment fraud and other schemes, but the FBI was already hot onRead More →
On April 19, Tesla Shanghai Gigafactory announced the resumption of production. Employees had to show their last 7 negative COVID PCR results before being allowed to return to the factory. This reopening was not easy. As a major manufacturing center in China, when Shanghai shut down due to the pandemic,Read More →
Image by Mercedes-Benz of Natick A dealer-branded mobile app is a great retention tool and has been adopted by many stores large and small. Although it creates value for customers, it is only beneficial if people download and use its features. And nearly half the time, users aren’t satisfied withRead More →
Nearly 1.8 million used cars changed hands in the first three months of 2022, a 5% year-on-year increase, according to figures released this morning. Demand for used motors remains exceptionally high due to tight production of new cars linked to the global shortage of semiconductors and the continued shortage ofRead More →
A new and used car dealership with stores in Wrexham has raised £90,000 to support non-profit organization Circus Starr. This year Swansway Motor Group, which owns Wrexham Volkswagen and Volkswagen Van Center Wrexham, is entering its sixth year ofRead More →
As dealers try to increase profits on every car they sell – because current demand far exceeds supply – many are inflating contracts with additional fees and products without informing the buyer. This means that it is more important than ever to carefully review the sales contract before signing it.Read More →
CHICAGO (WLS) — A burglary was thwarted at McGrath Acura in Libertyville after the business was hit hours earlier. Police said several cars and dozens of key fobs were stolen from McGrath on Sunday. Similar crimes occur in the city and in other suburbs. The video shows how the nextRead More →
The China Association of Automobile Manufacturers released a statement saying passenger car sales in China fell about 48% in April compared to the same month last year. This is the fastest sales decline since the pandemic hit in early 2020, when sales fell around 79% year-over-year. The association then predictedRead More →
(Yicai Global) May 6 – A sudden outbreak of Covid-19 in China’s economic hub of Guangzhou during the five-day Labor Day holiday that recently ended a slump in car sales, but fuel-powered vehicles new ones always sell well thanks to local government subsidies. “We normally sell about 100 cars, orRead More →
Mercedes-Benz was one of the few companies to post sales gains in the Australian new car market last month, despite switching to non-negotiable fixed prices at the start of the year. 0 To see 2 pictures PreviousFollowing German car giant Mercedes-Benz posted an unlikely sales gain in a market thatRead More →
The all-new all-electric Toyota bZ4X will arrive in June. Published: Thu 5 May 2022, 15:45 Last update: Thu 5 May 2022, 15:46 After a strong start to the first quarter of 2022, Cavan’s main Toyota dealer, Erne Motor Works, maintained its position as Cavan’s best-selling automotive brand. Toyota’s market leadershipRead More →
Nissan Qashqai was the best-selling car in the UK last month About 1.72 million new cars will be registered in 2022, according to the Society of Motor Manufacturers and Traders. This is down 9% from the forecast of 1.89 million released in January. The reduction comes as the number ofRead More →
Iberdrola will invest 500 million euros in the electrification plan, its CEO Ignacio Sanchez Galan told reporters, without giving further details. Volkswagen announced in March that it would invest 7 billion euros to build a battery factory and produce electric vehicles at its two car factories in Spain, but CEORead More →
German automaker Volkswagen AG will invest 10 billion euros ($10.6 billion) to manufacture electric vehicles and batteries in Spain, chief executive Herbert Diess said on Thursday, about 3 billion euros more than what he had previously engaged. The company also announced a partnership agreement with the largest Spanish electricity companyRead More →
New car sales fell 15.8% in April 2022 compared to April 2021, with the month ending at a total of 119,167 registrations. SMMT data shows the April decline was mainly due to a -33.3% decline in large fleet registrations as many brands, unable to build enough cars to meet demand,Read More →
Volkswagen CEO Herbert Diess has announced a €10 billion investment to manufacture electric vehicles and batteries in Spain. By : Reuters | Updated: 05 May 2022, 06:25 PM File photo used for representational purposes. (Bloomberg) German automaker Volkswagen AG will invest 10 billion euros ($10.6 billion) to manufacture electric vehiclesRead More →
By Emma Pinedo SAGUNTO, Spain (Reuters) – German carmaker Volkswagen AG and its partners will invest 10 billion euros ($10.6 billion) to manufacture electric vehicles and batteries in Spain, its chief executive said on Thursday. 3 billion euros more than he had previously committed. The company also announced a partnershipRead More →
Country united states of americaUS Virgin IslandsU.S. Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory south of 60 degrees S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, Republic ofAzerbaijan, Republic ofBahrain,Read More →
Auto industry still not out of the woods and Reserve Bank of India’s (RBI) decision to raise repo rate by 45 basis points will make car loans expensive, senior official says of the Federation of Automobile Dealers Associations (FADA). Comparing April 2022 auto sales to April 2019, FADA Chairman VinkeshRead More →
New car sales in the United States are expected to rise slightly in April from March, but investors continue to worry that low inventories, soaring vehicle prices and little to no sales incentives will continue to dampen demand. Seasonally adjusted annual rate estimates for April hover around 14.5 million vehicles,Read More →
Motorpoint has expanded to 17 used car outlets with the opening of a new 1.5 acre, 120 vehicle dealership in Portsmouth. The opening of the new site by Portsmouth Mayor Councilor Frank Jonas, together with Mayor Ms Joy Maddox JP, is the latest step in the company’s ambitious medium-term growthRead More →
An Anchorage used car dealership to pay thousands of dollars in restitution after allegedly engaging in illegal sales tactics. Alaska Assistant Attorney General John Haley of the Consumer Protection Unit said the state has received complaints that Anchorage Auto Mart sold vehicles without disclosing that they had no valid titlesRead More →
WICHITA, Kan. (KSNW) – The district attorney’s office said a former South Wichita car dealership was in trouble for not providing car titles on time for eight customers. According to District Attorney Marc Bennett, Family First Auto, LLC, which was once located near Broadway and Mt. Vernon, did not provideRead More →
Cazoo car sales DOUBLE but margins shrink as demand for used vehicles continues to outstrip supply The number of cars sold jumped nearly 10,000 to 19,713 in the first three months Gross profit per car sold fell 19% to £124; Group gross margin halved It said its inventory hit aRead More →
Egypt’s Trade and Industry Minister Neivin Gamea met on Tuesday with a delegation from Mercedes-Benz Egypt led by the company’s Chairman and CEO Gerd Bitterlich to discuss the location of the car industry electricity in Egypt. A ministry statement said the meeting also discussed the company’s current and future plansRead More →
Cazoo revealed that its gross profit and earnings per unit both declined as its online used car sales soared to record revenue in the first quarter of 2022. The New York Stock Exchange-listed digital disruptor revealed revenue up 159% year-on-year to a record £295m in the three months to MarchRead More →