Automotive Deals

NY dealer sues Stellantis for diverting inventory

A dealership outside New York City is accusing Stellantis of giving illegal “secret discounts” to competing stores and cutting its vehicle shipments as retaliation for a previous legal victory over the automaker. The lawsuit filed by Larchmont Chrysler-Jeep-Dodge-Ram, located about 20 miles northeast of Manhattan, seeks damages for alleged violations of federal antitrust laws and New York state dealer laws as well as for what it calls a breach of Stellantis’ duty of good faith and fair dealing. “A decades-old, family-run dealership is facing its demise through no fault of its own,” the complaint said. Larchmont is owned by Alfredo…

Automotive Deals

Motor Mouth: Fearless automotive predictions for 2023 and beyond

Breadcrumb Trail Links Motor Mouth Elon Musk becoming president, Toyota introducing a hydrogen piston-powered GR Corolla, and supply-chain shortages easing are a little of what’s ahead in the next 12 months Published Dec 30, 2022  •  Last updated Jan 05, 2023  •  11 minute read 27 Comments Tesla, run by CEO Elon Musk, shown in this file photo, has signed an undisclosed deal with Vale for the supply of nickel to the electric car maker Photo by David McNew /Getty Article content As portensions of impending (automotive) apocalypse go, few match having the fate of the world’s most valuable automaker…

Automotive Deals

These Brands Had the Best New Car Deals in 2022

Image: David Zalubowski (AP) If you tried to buy a new car in 2022 you were probably in for a world of frustration. Some of you got lucky, but most buyers faced high prices and/or long wait times especially when shopping for popular cars like RAV4s and Kia Tellurides. However, there were some brands that managed to weather the supply storm and therefore were a bit easier to find units with reasonable prices. Most of you know by now that my day job is as a professional car shopper. I work with hundreds of customers every year and talk with…

Automotive Deals

These Are The Best Year-End New-Car Deals For 2022

Tesla is dropping the price of its popular Model Y compact SUV by a whopping $7,500 through the end … [+] of the month. AFP via Getty Images Traditionally, the best time to go new-vehicle shopping is New Year’s Eve and the days leading up to it. Dealerships are more inclined to haggle with shoppers to meet year-end quotas and clear their inventories of last year’s models before they become as stale as week-old bread. The deals may not be as rich or plentiful heading towards 2023 as they may have been in past years due to lingering supply-chain issues,…

Automotive Deals

Discover the Artistic World of Clara Encinas, a Spanish Maestro of Pencil Illustrations » Design You Trust

Clara Encinas, a renowned Spanish artist, possesses a unique talent for creating stunning illustrations with graphite pencils using traditional techniques. Her works of art embody simplicity, yet they exude an incomparable beauty that captivates the viewer’s senses. More: Clara Encinas, Instagram h/t: theinspirationgrid With meticulous attention to light, texture, and the smallest details, Clara’s illustrations capture the poetry and beauty of everyday life and nature. Her art celebrates the splendor of the world around us, bringing to life the smallest of details in her subjects, be it a delicate flower, a tiny antique object, or a little human being. The…

Automotive Deals

Cox Automotive No Motorsports at NADA 2023 Just New Solutions for Retail, Inventory and EV Readiness

The Auto Channel Screwed By Cox Editor’s Note: In 1993 Cox Ownership wanted to create a purely motorsports entity…until the owners of The Auto Channel convinced them that success could come from serving the auto industry For two years The Auto Channel shared its proprietary knowledge with Cox including the details for an automotive entity, not a motorsports partnership between Cox and The Auto Channel…we were led to believe that because of the partnership level of discussions and agreements with the management of Cox and their telling us we had a deal we proceeded with the confidential foundation and details…

Automotive Deals

Quite a few insiders invested in RPM Automotive Group Limited (ASX:RPM) last year which is positive news for shareholders

When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in RPM Automotive Group Limited’s (ASX:RPM) instance, it’s good news for shareholders. While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to completely ignore insider transactions. See our latest analysis for RPM Automotive Group RPM Automotive Group Insider Transactions Over The Last Year There wasn’t any very large single transaction over the last year, but we can still observe some trading. In the last twelve months insiders purchased 313.85k…

Automotive Deals

25 Tutorials for Getting the Most Out of DaVinci Resolve

DaVinci Resolve has a price point that can’t be beaten: it’s free! It’s a professional-level tool for video editing that’s accessible to everyone. You can use it for an entire edit, from ingesting footage to exporting a finished, Hollywood-grade video. Want even more power in your edits? Resolve is made up of other more powerful modules inside one package. Fairlight helps you mix and master audio at a professional level. Fusion gives you options for compositing in 2D and 3D. You can even collaborate with other users on the same project. In this round-up, we’re featuring 25 of the web’s…

Automotive Deals

Hyundai-Genesis, Toyota, Stellantis and Ford dealerships sell in Q3, Q4 deals

Joe Caso, longtime owner of Frontier Toyota in Valencia, Calif., sold his dealership to first-time owner Aman Abraham late last year. Abraham’s newly formed Addis Automotive Group in Los Angeles purchased the store Nov. 11. He is maintaining the Frontier Toyota name for the southern California store. Caso had owned the dealership since 1988. Abraham told Automotive News that after emigrating from Ethiopia at age 12, he entered the automotive retail industry in college to pay for school. Since the late 1990s, he has worked in various areas of the field, most recently for Lithia Motors as general manager of…

Automotive Deals

Hertz, Looking to Get Renters into EVs, Is Offering Summer Deals

When you start buying up tens of thousands of electric vehicles, you may have more on hand than renters want. Hertz is doing what it can to encourage its renters to ask for one of the many EVs in its fleet, with discounted prices and free rental days through the end of the summer. If you rent an EV for at least two days by September 6, for example, you’ll get a free rental day. Hertz is also offering a separate 30 percent discount on EV rentals until the end of August. As part of a massive investment in electric…