June 24, 2023
Ralph Teetor was truly a wise man from whom we can still learn much. If you’ve read through lists of little-known automotive history facts, you likely have come across the tidbit about a blind engineer inventing cruise control. That’s about… Continue Reading…
June 21, 2023
Problem: “The dealership ripped me off” If the car salesperson you worked with didn’t keep promises or you suspect fraud, you might have a case. But don’t make wild, unfounded accusations. Instead, use any documentation you can find. If you… Continue Reading…
June 19, 2023
General Motors (NYSE:GM), one of the world’s oldest and largest automakers, is supercharging the automotive race with newer partnerships and investments. Yesterday, GM announced a pact with rival electric vehicle (EV) maker Tesla (NASDAQ:TSLA) that would allow GM EV drivers… Continue Reading…
June 13, 2023
American automakers aren’t the only ones looking to drop sedans in favor of SUVs. While Ford and Chevrolet were two of the first to move away from the sedan body style, it looks like other automakers may follow suit. Kia… Continue Reading…
June 12, 2023
Mullen Automotive (NASDAQ:MULN) has long surprised me with its ability to stay alive. Every time cash has run short, the firm has managed to issue more convertible debt and spin it to retail investors as a positive event. “As of… Continue Reading…
June 9, 2023
Sons Automotive added two stores Sons Automotive Group bought two dealerships in Montgomery, Ala., in part because they’re in a “single-point” market — that is, without competing, same-brand stores, said Clay Nalley, CEO of the Atlanta group. Sons Automotive on… Continue Reading…
June 7, 2023
The cars listed below—all 2023 models—appear in descending order of the potential savings off the manufacturer’s suggested retail price. To show specific pricing examples, we highlighted specific, popular versions. The potential savings span from 10 percent to 6 percent off… Continue Reading…
June 5, 2023
In value terms, electric vehicles-related deal activity increased by 425% in Q1 2023 compared with the previous quarter’s total of $419.2m and fell by 16% as compared to Q1 2022. Related deal volume decreased by 23% in Q1 2023 versus… Continue Reading…
June 3, 2023
Car dealers are dealing again. Thanks to improving supplies, the average amount paid for a new car has fallen below the manufacturer’s suggested retail price (MSRP), and incentives are growing. There are plenty of discounted models to be found this… Continue Reading…
June 1, 2023
For the past few years, new-car prices have obviously been climbing, so it’s nice to learn that there are some traditional Memorial Day deals out there this year. With the pandemic fading away and the related supply-chain problems sorting themselves… Continue Reading…