Vehicle history reports for pre-owned vehicles that were sold and solely serviced by the same dealership will now carry a “Carfax Homegrown” badge. +
AutoNation generated $4.8 billion in service and parts revenue in 2025, a 4.8% year-over-year increase, according to the latest rankings from Automotive News. +
Reuters reports U.S. sales of new hybrid vehicles have increased along with fuel prices since the start of the U.S.- and Israel-led war with Iran in late February. +
Feldman Automotive Group has acquired Northern Ohio’s Firelands Auto Group, adding its first Honda and Toyota franchises and growing its footprint to 25 dealerships in four states. +
Automotive News reports sales of new Hondas improved on a year-over-year basis in April, offering a bright spot in a report dimmed by growing affordability concerns. +
Lotlinx’s Q1 2026 Vincensus Report finds new vehicle sales are down and inventories are up — along with prices, which climbed by 2% year-over-year and 3% from the prior quarter. +
Big-ticket acquisitions helped Penske Automotive Group move ahead of former No. 2 AutoNation in Automotive News’s rankings of America’s biggest new car retailers. +
Multiple sources report Carvana has acquired Avon Lake (Ohio) Chrysler Dodge Jeep Ram from Elliot Schor and Scott Zuckerman, who owned the suburban Cleveland dealership for less than a year. +
Attorneys representing Tesla in North Dakota, where the EV manufacturer hopes to sell vehicles directly to consumers, have asked a state court to declare it is not, in fact, a manufacturer. +
Optimism is down and pessimism is up among U.S. franchised dealers — as well as manufacturers and suppliers — in Automotive News’s latest quarterly Auto Industry Confidence Index. +
