Automotive Deals

Lincoln, GM and Ford dealerships sell in deals across 4 states

LaFontaine Automotive Group has acquired Pfeiffer Lincoln in Grand Rapids, Mich., marking the second Grand Rapids dealership for the Highland, Mich., group as it continues to expand into western Michigan. The acquisition, which closed Monday, follows LaFontaine Automotive’s August purchase of Keller Ford. The Lincoln store purchased from the Pfeiffer family was renamed LaFontaine Lincoln Grand Rapids. “In short order, we’ve seen tremendous opportunity in the greater Grand Rapids area for continued growth for our group,” LaFontaine CEO Ryan LaFontaine said in a statement. LaFontaine Automotive now has 53 franchises, representing 24 brands and nine collision centers, all in Michigan.…

Automotive Deals

Buy a New Electric Car Now or Wait?

Quick Facts About Buying an Electric Vehicle Now If you are teetering on the brink of buying an electric vehicle (EV), you may well be asking yourself if you should buy a new EV now or wait. We understand your hesitation. The faltering economy, exploding interest rates, new and confusing regulations on EV tax credits, and the high price of vehicles in general are just a few of the issues that may give you pause. Our discussion here focuses on fully electric vehicles drawing all their power from a battery charged by plugging into an outside electric source. This excludes…

Automotive Deals

Rivian In Talks With Amazon To Get Rid Of Van Exclusivity Clause

Electric vehicle startup Rivian Automotive and its largest shareholder and customer Amazon are reportedly in talks to end the exclusivity part of their electric van deal. According to a report from The Wall StreetJournal citing people familiar with the matter, Amazon informed the EV maker it wanted to buy about 10,000 vans this year. The number was at the low end of a range previously provided by Rivian. In response, Rivian proposed removing the exclusivity terms, which would allow the company to sell its Electric Delivery Vehicles (EDV) to other fleet and retail customers, increasing revenues. The sources added that…

Automotive Deals

GM’s $918M Investment, STLA-Terrafame Deal & More

Last week, the European Automobile Manufacturers Association (“ACEA”) released data on passenger car registrations for December 2022. The European Union (“EU”) passenger vehicle market soared 12.8% last month to 896,967 units, marking the fifth straight month of growth . Registrations in Italy and Germany witnessed a year-over-year rise of 21% and 38.1%, respectively. Meanwhile, Spain and France saw registrations decline 14.1% and 0.1%, respectively. For full-year 2022, new car registrations contracted 4.6% to 9,255,930 units, owing to supply chain snarls and chip concerns. During the first 12 months, three of the major EU markets witnessed a decline in registrations, including…

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 LinksMotor MouthElon 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 monthsPublished Dec 30, 2022  •  Last updated Jan 05, 2023  •  11 minute read 27 CommentsTesla, 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 /GettyArticle 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: theinspirationgridWith 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 CoxEditor’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…