Umansky Automotive in April sold five stores in Charlottesville, Va., to Flow Automotive Cos. Umansky Automotive also has stores in California, Mississippi and Wisconsin. Asbury CEO David Hult, in a statement, said the
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Dealers were responsible for nearly one third of the total BEV sales in Q1 2023. May 17, 2023 at 4:13pm ET The latest report about car sales in California brought up very interesting
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Used cars are in short supply, but their prices may drop soon, anyway. The wholesale prices car dealers pay at auction for the used cars they later sell decreased 3.0% in April from
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Morgan Automotive Group, one of the largest dealership groups in the country, continued its rapid pace of acquisitions with the purchase of four dealerships in Florida in March and April, chairman Larry Morgan
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Auto retailers continually make the same errors in deal jackets in part because lenders aren’t giving them specific data on the problems, according to Jessica Gonzalez, director of winning strategies and account management
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Born Aug. 21, 1930, in South Gate, Calif., Boeckmann did not initially plan to become a car dealer. He attended the Reserve Officers’ Training Corps in college and thought about serving as a
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Indianapolis – Circa March 2021: Ford SUV display at a dealership. Ford sells traditional gasoline, electric and hybrid SUV models. After supply chain issues pushed used car prices up drastically in 2021 and
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With cars costing more than ever before and dealerships having a hard time getting and keeping inventory, now is a good time as any to look into purchasing a used car, especially if
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A chain of used-car dealerships that welcomes customers with low credit scores has temporarily closed all 39 of its locations in six Southern states, including its store in Athens. Callers to U.S. Auto Sales,
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Real Estate By Mary K. Jacob April 28, 2023 | 3:43pm Luxury car dealer Michael Cantanucci bought this Palm Beach mansion for a record $170 million. Addison Development; Getty Images Luxury car dealer
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