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. +
Cox Automotive analysts say higher prices and longer purchase cycles helped dealers secure service business from 80% of new car buyers last year. +
RockED announced the release of Booster, an automated, AI-powered training solution designed to maximize fixed ops revenue by targeting sales performance gaps. +
BizzyCar’s Q1 2026 Recall Report finds Ford units affected by an electrical issue accounted for nearly 40% of all notices, part of a trend toward larger campaigns that touch multiple models and production cycles. +
Factories sharing new vehicle sales reports with the Automotive News Data Center suffered a roughly 5% drop in total volume in the first quarter, driven in large part by a double-digit decline in March. +
Sony Honda Mobility has canceled two EVs that were set to be built in the U.S. and sold directly to consumers — a plan opposed by Honda dealers and trade groups — citing declining EV demand. +
The latest annual Blue Sky Report from Kerrigan Advisors finds U.S. dealers bought and sold 458 franchises in 2025, beating the previous record of 438 set a year earlier. +
