Category: Global

Wholesale Used Car Prices Drop

The price of the average used car rose last month. But the increase may be short-lived. The wholesale price dealers pay for the used cars they later sell has crested and begun to

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Car dealerships sell in 4 states in single-store deals

Morrie’s Auto Group made its first acquisition of 2023 and entered a new part of Minnesota with the purchase of a Stellantis store this month. Morrie’s, of Minnetonka, Minn., west of Minneapolis, on

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Plug-In Car Sales Decreased 1% In March 2023

BEV and PHEV sales parted ways, as BEVs continue to grow while PHEVs continue to shrink. Apr 19, 2023 at 12:42pm ET In March, new passenger car registrations in Germany increased by 16.6

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Tesla cuts prices for 6th time this year

At the same time, Tesla is expected to report auto gross margin of 23 percent Wednesday, according to a Visible Alpha survey of market analysts. A year earlier, Tesla reported a 33 percent

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Europe Car Sales Rise the Most in Almost Two Years as Supply Recovers

Auto sales in Europe jumped the most since May 2021 as supply of key components including semiconductors continues to improve. New-car registrations jumped 26% in March to 1.42 million, the European Automobile Manufacturers’

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WVa. bill to block refusal right in dealership purchases fails

A bill that aimed to prohibit right of first refusal on dealership buy-sell deals failed in West Virginia’s House of Delegates last month, in part on the concern that eliminating it could hamper

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Do I Keep My Car or Trade It In?

Quick Facts About Trading In a Car For car owners, one age-old question is, should I keep my car or trade it in? It’s not easy to answer because the best time to

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Car Dealership Employees Have Amazing All-Out Brawl on the Sales Floor

Have you ever felt the palpable tension from the sales floor of a car dealership as you sit hostage in the waiting room with Skip Bayless blasting from the television while mechanics perform

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Car dealer facing lawsuit for allegedly rolling back odometers – WOWO 1190 AM

SHIPSHEWANA, Ind. (Inside Indiana Business)—Indiana Attorney General Todd Rokita on Friday announced a lawsuit against a car dealer in LaGrange County. The suit claims Flexible Auto Sales LLC and its owner, John Allen,

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