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Newsby StaffOctober 19, 2022

NADA Board Elects Geoffrey Pohanka as 2023 Chairman

The 65-member board of directors of the National Automobile Dealers Association elected Metro Washington, D.C., area dealer Geoffrey Pohanka.

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Newsby StaffOctober 19, 2022

Stellantis in the Electric Business

Carmaker says it aims to produce own energy for manufacturing, as it debuts EV Jeep Avenger.

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Newsby StaffOctober 18, 2022

Black Book: Weekly Market Report

Repossessions are beginning to show up in the market and with fuel prices returning to a level last seen in February of this year, the Car segment valuations are taking the hardest hit.

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Newsby StaffOctober 18, 2022

Hyundai, Kia Reveal Bad Q3 News

Korean carmakers say old recalls still affecting profits.

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Newsby StaffOctober 18, 2022

Customer ‘Scorecard’ Designed to Help Dealers

CDK Global offering polls U.S. customers on car availability and more.

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Newsby StaffOctober 17, 2022

Four Dealership Sales Close in Four States

Groups acquire various brands, and one also buys a commercial truck business.

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Newsby StaffOctober 17, 2022

Stellantis May Pull Manufacturing From China

Cites geopolitical, local-competition issues.

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Newsby StaffOctober 14, 2022

Nissan Follows Other Brands in CPO Growth

Adds vehicles up to 10 years old and with as many as 100K miles.

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Newsby StaffOctober 13, 2022

NADA Releases Third Quarter 2022 U.S. Auto Sales Analysis

The third quarter of 2022 closed with a new light-vehicle sales totaling a quarterly average SAAR of 13.3 million units, down slightly from a SAAR of 13.4 million units during the second quarter of the year.

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Newsby StaffOctober 13, 2022

Nikola Founder’s Trial Closes

He’s accused of lying to investors about electric truck maker’s progress and capabilities.

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