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Dealer Opsby StaffOctober 24, 2022

Ford Positioned for Future Growth

The steps Ford is taking now to cut costs and boost revenue could pay off in big dividends in the future.

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Dealer Opsby StaffOctober 21, 2022

Supply Chain Challenges Slow EV Adoption in Government Agencies

Federal agencies would have purchased more EVs had it not been for supply chain hurdles, the White House reported.

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Dealer Opsby StaffOctober 21, 2022

Michigan Judge Denies Carvana Request

A Michigan Court of Claims judge has denied Carvana's request for a temporary restraining order against Michigan Secretary of State Jocelyn Benson for suspending its Novi dealership operations.

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Dealer Opsby StaffOctober 21, 2022

Automakers Drive Up Spending on EV and Battery Development

Automakers will spend nearly $1.2 trillion through 2030 to develop and produce millions of electric vehicles, EV batteries and raw materials.

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Dealer Opsby StaffOctober 21, 2022

Toyota Cuts Fiscal-Year Production Target

Continuing chip shortage bedevils world’s biggest carmaker, which falls short of a new record.

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Dealer Opsby StaffOctober 20, 2022

Lithia Reports Q3 Results

Profit, revenue were up but short of Wall Street forecasts.

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Auto Financeby StaffOctober 20, 2022

Q3 Ally Car Loan Applications Down But Value Unchanged

CEO acknowledges that greater market woes may be on the horizon.

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Dealer Opsby StaffOctober 20, 2022

BMW Leader Blasts Push to Phase Out Gas Powered Vehicles

BMW Board Chair Olive Zipse says the move will put vehicle ownership out of reach for many people, and could be politically dangerous.

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Dealer Opsby StaffOctober 20, 2022

Biden Administration Awards $2.8 Billion for EV Battery Production

The grants will fund projects designed to boost U.S. manufacturing of electric vehicle batteries and domestic mineral production.

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Auto Financeby StaffOctober 19, 2022

Dealership Group to Pay $3.3 Million to Settle Junk-Fee, Discrimination Case

FTC accused Passport Automotive Group of deceitful ads, charges, and discriminatory lending.

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