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Newsby StaffMay 3, 2022

Toyota, Honda, Hyundai and Kia Sales Plummet in April

The loss leader in this equation was Toyota Motor Corp., which saw April sales volume fall 23%.

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Newsby StaffMay 3, 2022

GM Looks to Pricing Power and Pent-Up Demand to Keep Profits High

The automaker saw a Quarter One net income of $2.9 billion, just 2.7% lower than 2021, despite $2.5 billion in increased costs as global revenue rose 11%.

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Newsby StaffMay 3, 2022

Toyota to Hit Tax Credit Limit for EVs and Hybrid Vehicles

Toyota Motor Corp. is getting closer to using up a key U.S. tax credit for hybrid and electric vehicles, a situation company leaders say will raise its costs and hinder the adoption of climate-friendly cars.

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Newsby StaffMay 2, 2022

Protective Closes on AUL Acquisition

Acquisition adds complementary product portfolio to Protective's asset protection division.

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Newsby StaffApril 28, 2022

D&E Mitubishi Recognized with National Customer Experience Award

MMNA’s Customer Experience Award was created in 2020 to recognize the dealer partner with the highest-combined sales and customer-satisfaction scores.

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Newsby StaffApril 28, 2022

InMoment Announces eNVy Award Winners for Top Vehicle Models that Deliver on Buyers’ Expectations

Winners revealed by consumer rankings in the world’s longest running automotive benchmark study of vehicle buyer expectations.

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Newsby StaffApril 28, 2022

Penske Automotive Group More Than Doubles Q1 Net Income

Penske Automotive Group first quarter net income sored from $183.1 million year over year to $369.5 million.

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Newsby StaffApril 27, 2022

FREE WEBINAR TODAY: Discover How a Consistent Online Presence Gets Customers in the Door

Join EasyCare's Scott Penn, today at 2:00 PM (ET)/11:00 AM (PT) for "Online and Offsite: Building Value Outside the Traditional Retail Model."

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Newsby StaffApril 27, 2022

Parts and Services Bounce Back

Most categories of dealership service and parts businesses have recovered from COVID-19 shutdowns, especially customer-pay work.

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Newsby StaffApril 27, 2022

GM Asks Suppliers to Sign Pledge to Carbon Neutrality

General Motors has requested its suppliers to sign a pledge of carbon neutrality and commit to social responsibility programs and sustainable procurement practices.

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