Tag: Dealerships

AutoNation revenue and profit beats estimates despite drop in used car unit sales By Investing.com

Scott Kanowsky | Investing.com Published Jul 22, 2023 00:48 Investing.com — AutoNation (NYSE:AN), one of the largest car dealership chains in the U.S., has reported better-than-expected adjusted income per share and revenue for the second

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S&P Global: Consumers willing to pay for some in-car features

The trick for automakers, according to S&P Global Mobility, is getting consumers exposed in the first place. More than 1 in 4 respondents said they either did not know that connected services were

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Wholesale Used Car Prices Still Dropping

Car dealers paid about 1% less for used cars at auction in the first half of July than they did in June. That’s news, mainly because wholesale prices were already down more than

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Community group opposes rezoning for used-car dealership

Akan Davis knows he faces an uphill battle to establish a used-car dealership in Greensboro’s historic, but struggling, Benbow Park community. Davis, a 22-year car-sales veteran, hopes to open his business on a

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Dealers Now Have Nearly Two Million New Cars Sitting On Their Lots

Photo: Brandon Bell (Getty Images) New-vehicle inventory at dealers in the U.S. is continuing its slow and steady climb upward as production around the world recovers following the brunt of the pandemic. According

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Zeigler Auto adds 3 stores, including first Kia car dealership

The Kia and Nissan stores are under one roof but have separate entrances. Also included in the deal is a Caliber Collision store, in a building that Elhart had leased. Zeigler Auto Group

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Lithia Honda car dealership showcases Lithia Partners Group award

To help identify potential winners, Lithia relies on a store performance scorecard, a three-page summary that breaks down components of the dealership’s business and reveals trends. Measurements include sales efficiency and service effectiveness,

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Brisbane Airport’s billion-dollar Auto Mall dealership and race track cancelled

Australian car dealership giant Eagers Automotive and the owners of Brisbane Airport have axed plans to build the ‘Auto Mall’ – a $1 billion complex of new-car showrooms and a race track designed

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Used Car Dealers Are the New Masters of the Universe

This is Bloomberg Opinion Today, the certified pre-owned roundup of Bloomberg Opinion’s opinions. Sign up here . The used car business tends to evoke images of dodgy salesmen in goofy plaid sports coats,

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Brisbane Auto Mall: $1 billion new car dealer project axed

Plans for a massive new car dealer precinct near Brisbane have been shelved. Announced in 2015, the Auto Mall dealer precinct was set to feature a 2.4km test track designed by V8 Supercars

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