A new report from Halcyon finds ransomware attacks now account for 44% of all reported cyber incidents after more than doubling in frequency last year. +
New Country Motor Car Group executives say they are in luxury dealership acquisition mode despite the sale of three New York Metro franchises to Keeler Motor Car. +
Ohio’s Midwestern Auto Group and its 14 mostly premium and luxury franchises have been acquired by the Jeff Wyler Automotive Family in a “historic” deal brokered by Dave Cantin Group. +
Sonic Automotive has become the nation’s largest-volume Jaguar Land Rover retailer with the acquisition of four California dealerships from US Auto Trust. +
Subaru, GM and Tesla top S&P Global Mobility’s latest Automotive Loyalty Awards rankings for dealer, manufacturer and make, respectively, as overall brand loyalty improves to 51.6%. +
U.S. new light-duty vehicle sales rose to 15.7 million in 2024, a 2.5% year-over-year increase driven by big gains among certain brands, marques and types and capped by a 4.1 million-unit fourth quarter. +
