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Franchise dealers have started noticeably competing against large independent dealers for desirable units, but rental partners have really shown their dominance in many lanes, especially for cleaner, low-mileage vehicles.
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Supply chain challenges rising from the war in Ukraine could make electric vehicles (EV) more expensive to build as raw material prices shoot up.
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Acquisition adds complementary portfolio to Asset Protection Division.
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Enhanced Vehicle Matching and VIN Decode technology enhance customer experience.
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Envision AESC plans Gigafactory in the US to supply Mercedes-Benz and advance journey to carbon neutrality.
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The Ukraine War will lower global light-duty vehicle production through next year by millions of units, predicts the automotive research firm.
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BMW reports 2022 margins will be lower because of the Russia-Ukraine conflict.
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Volkswagen Group will shift production to China and North America after wire harness and other material shortages from Russia's invasion of Ukraine impact European production.
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Overall market declines continued last week, but the rate of declined lessened.
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Platform enhancements will support customer loyalty and new customer acquisition.
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