(Reuters) -CarMax Inc said on Friday that vehicle affordability remains a challenge due to high interest rates and low consumer confidence, but cost cuts helped the used-car retailer post a quarterly profit beat.
Read More
The new Infiniti dealership has an Apple Store look, with floor-to-ceiling windows that increase product visibility while drawing light in. Infiniti said the design of the roofline “purposefully creates shadow and controls direct
Read More
The case is part of Tesla’s strategy of reversing direct sales bans in some states against the electric carmaker, which bypassed traditional car dealerships to sell vehicles to consumers online or at its
Read More
In a neighborhood and industry that has seen a lot of change over the years, Quail Auto Sales is still here. The family-owned and operated car dealership and auto shop is celebrating 80
Read More
Lithia Motors Inc. has acquired metro-Atlanta dealership Wade Ford, just a little over a week after adding 14 dealerships in Virginia from Priority Auto Group to its stable and continuing an aggressive acquisition
Read MoreDrivers who took on auto loans at high interest rates and paid sky-high prices for cars could face headaches down the road as car values pull back in an economic slowdown. The car
Read More
STATEN ISLAND, N.Y. — Cars are expensive. They’re often the one of the biggest purchases a consumer makes — and a recent study found that residents of only three states pay more to
Read More
A new 2022 redesign Mercedes-Benz AMG SL 63 convertible with a price tag of $199,785 at Capital Eurocars Mercedes-Benz is the most expensive vehicle on display in a Tallahassee showroom. Sales Manager Angus Thomas says
Read More
shapecharge / Getty Images Car dealers have adopted ChatGPT to boost sales and streamline operations by using AI to create web content, generate social media posts and improve customer service. Even better —
Read More
Lookers, one of the last remaining listed car dealership groups in the UK, is to be bought in a £465mn deal after being approached by a private Canadian owner, Alpha Auto. The buyer,
Read More