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Newsby StaffMarch 20, 2023

Murgado Auto Group Acquires Motor Werks

The latest acquisition is part of a strategic plan to increase market presence and expand its customer base.

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Newsby StaffMarch 20, 2023

Court Freezes VW Assets in Russia

They will remain so until automaker’s dispute with Russian automaker GAZ is resolved.

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Newsby StaffMarch 17, 2023

Dealership Profits Reached Peak in 2022

Milestone drives high demand for acquisitions, record-high prices for some franchises.

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Newsby StaffMarch 17, 2023

Miss. Law Requires EV Makers to Franchise for In-Person Sales

NADA lauds measure, saying it preserves competition for consumers’ good while helping to preserve dealers’ livelihoods.

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Newsby StaffMarch 17, 2023

New-Car Affordability Better But Still Worse Year-Over-Year

Multiple factors drive down purchase costs, which is still well above what most households can afford.

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Newsby StaffMarch 16, 2023

Used-Car Sales, SAAR Up in February

Pattern could reverse as other market movements influence shoppers.

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Newsby StaffMarch 15, 2023

GM Studying Voice Assistant Feature

General Motors is looking into the prospect of a voice assistant à la Alexa or Siri in future models.

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Newsby StaffMarch 15, 2023

BMW to Hit EV Targets Early

The automaker predicts over 50% of its sales will be electric vehicles before 2030.

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Newsby StaffMarch 15, 2023

EV Buyers Tend to Be Young and Male

J.D Power study finds millennial men lead the segment, with Gen X close behind.

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Newsby StaffMarch 15, 2023

American-Made EV Sales Soar in January

Tax credit change that requires EVs be assembled in North America cited for the surge.

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