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Nov. 10, 2026

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Breaking News

Musk Says Would-Be Cybertruck Buyers Will Get Deposits Back

Turn Automotive, DealNow Pair Driveway Appraisals With Instant Seller Pay

F&I Income Up 3.5% in Q3 as Higher Costs, Slower Sales Hurt Profitability

VW to Dealers: No Sign-Then-Drive Lease Incentive This Winter

Digital Contracting Adoption Dips in Q3 But Continues to Trend Upward

M&A /
New Owner, Same Name: Mangino Family Sells New York Dealerships to Georgica
New York’s Mangino family announced the sale of their Albany-area Chevrolet and Buick GMC stores to Georgica Auto Holdings after nearly 50 years in business. +
Compliance /
Chinese Vehicle Ban Backed by Bipartisan Support as AAI Heads to Washington
Alliance for Automotive Innovation officials are urging Congress to permanently ban Chinese vehicles and components before the legislative session ends. +
Sales / Tech /
Shimkus: Factories Gambled and Lost on Expensive, Full-Size Electric Trucks
The end of the Tesla Cybertruck follows a trend toward low sales and multibillion-dollar write-downs for an ill-fated category. Business Insider’s Ben Shimkus reports. +

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Sales / Tech /
Musk Says Would-Be Cybertruck Buyers Will Get Deposits Back
Tesla CEO Elon Musk says the EV maker will return deposits to “a lot of people” who reserved a Cybertruck as production capacity gives way to the Cybercab. +
Sales / Tech /
Turn Automotive, DealNow Pair Driveway Appraisals With Instant Seller Pay
A new partnership adds Turn Automotive’s AI-powered appraisal and condition reports to DealNow’s dealer-facing private inventory acquisition platform. +
F&I /
F&I Income Up 3.5% in Q3 as Higher Costs, Slower Sales Hurt Profitability
The latest Presidio-NCM benchmark report finds average F&I income is within $3 of gross profit per new vehicle retailed, which declined for the fifth straight quarter. +

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