Canada’s Go Auto has acquired all three of Car Pros Automotive Group’s dealerships in the state of Washington, reducing Car Pros’ footprint to its six California stores. +
Automotive News’s latest U.S. new-vehicle sales report shows slowing EV sales in the wake of an expired federal tax credit, offset by steady demand for trucks and hybrids. +
Hudson Automotive Group has acquired all 15 Baton Rouge, La.-area All Star Automotive dealerships, which collectively account for 17% of the market’s new vehicle sales. +
Ford dealers in select cities have a new marketplace for certified pre-owned units: Amazon Autos, where shoppers can secure financing, start their paperwork and schedule a dealership visit. +
Automotive News reports U.S. new vehicle sales registered a 1.2% overall improvement in October despite waning EV demand, led by increases for Toyota, Ford, Honda and Kia. +
Executives say increased financing options with familiar partners will help Amazon-partnered Hyundai dealers reach more used car buyers and sell more F&I products. +
Toyota, Hyundai and Ford lead in year-over-year gains in Automotive News’s Q3 and September sales reports, which show a boom for electrified units and welcome news for Stellantis dealers. +
Hyundai and Genesis dealers set new one-month records in August, a month that saw double-digit year-over-year gains for some factories and single-digit losses for others. +
Each of the six manufacturers reporting monthly U.S. sales to the Automotive News Data Center says volumes were up on a year-over-year basis in July, led by a 19.9% increase for Toyota. +
New agreements set the levy on vehicles imported from South Korea at 15% and extend an Aug. 1 deadline that would have subjected Mexico-built units to a 30% tariff. +
