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LendingTree analysts have discovered a correlation between commute times and auto loan balances, finding that car buyers borrow $269 for every additional minute between home and work.
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U.S. sales of all-electric vehicles more than doubled in 2018, a year in which EV buyer and lessee loyalty increased to 55%.
Read More →Although standards vary from state to state, it can be difficult to enforce agreements designed to prevent former dealership employees from taking their skills — and their coworkers and your customers — to competitors.
Read More →With the car market having plateaued after several years of increases, the California New Car Dealers Association said it continues to see increasing demand for larger, more family-friendly vehicles. But with gas prices continuing to increase, that trend could shift in the quarters ahead.
Read More →Marijuana sales for recreational use became legal in California on Jan. 1, but another change in state law prohibits smoking or consuming the drug while driving or riding in a vehicle.
Read More →California auto dealers and their employees are on a litigation collision course. Attorney lists six problem areas to discuss with counsel.
Read More →California roads are crumbling, and a nonprofit, nonpartisan think tank says in a newly published white paper that a recently passed transportation funding bill won’t raise enough funds to complete the backlog of needed repairs.
Read More →The most targeted vehicles were those worth more than $30,000. However, the average value of recovered vehicles in 2015 was $10,287. Thieves are also targeting specific vehicle colors, with black and white cars accounting for 20% and 18% of vehicles recovered, respectively.
Read More →Greg Miller, who stepped down as CEO of the Larry H. Miller Group in March 2015, has acquired Bob Baker Toyota in San Diego, Calif. The dealership will be renamed Greg Miller Toyota and will be operated under his new enterprise, Greg Miller Automotive San Diego.
Read More →Dealertrack's new web-based registration and titling solution is equipped with new features designed to streamline the registration and titling process for California dealers.
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