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. +
Experts say a near-$4,000 gap between first and last list price proves dealers should treat unsold new vehicles less like products and more like investments. +
Joining the Mopar Service Gateway adds vehicle data, service appointments and diagnostic information to myKaarma dealership workflows. +
Mazda, Honda and Subaru lead the pack as a strong September helps dealers avoid a weak third quarter for new car and light truck sales. +
A judge found in favor of Stellantis Financial Services after the owners of an Iowa group failed to respond to a civil complaint over an alleged double flooring scheme. +
Honda of Martinsburg will open as planned Tuesday despite a lawsuit alleging the factory is engaged in a “fiat” to undermine a nearby Maryland dealer. +
Luke Ramseth of The Detroit News reports Carvana’s seven recently acquired Stellantis dealerships have sold new vehicles to customers in 37 states. +
Subaru leads all manufacturers with an 18% year-over-year increase in a report full of double-digit sales gains driven largely by demand for hybrids. +
Sales of new Mazdas and Subarus improved by 35% and 10% year-over-year in May, leading all U.S.-facing factories as fleets helped offset flat retail sales. +
Point Predictive has integrated with Stellantis MarketCenter, offering franchised dealers access to BorrowerCheck and Driver’s License Scan. +
