Used BMW models perform strongly in Dealer Auction profitability stakes

Data from Dealer Auction’s Retail Margin Monitor has revealed that BMW models offered significant opportunities for dealers looking to bolster their profit margins in August. Three BMW models placed in the top 10, while the brand as a whole achieved second place in the average retail margin ranking. The BMW 3 Series saloon headed the… Continue reading Used BMW models perform strongly in Dealer Auction profitability stakes

In ‘shift,’ some car shoppers shun top-of-the-line models, analyst says. How to find an inexpensive new vehicle

Used car sales are soaring all over the U.S., and companies from Autonation to CarMax, Carvana and Buffalo, New York-based used car start-up ACV Auctions are benefitting. Patrick T. Fallon | Bloomberg | Getty Images During the pandemic, shoppers splurged on higher-end new cars. Now, given the current high car costs and interest rates, drivers… Continue reading In ‘shift,’ some car shoppers shun top-of-the-line models, analyst says. How to find an inexpensive new vehicle

AutoCanada, Patrick Priestner and CanadaOne Auto Group Settle Outstanding Litigation

EDMONTON, AB, Sept. 8, 2023 /PRNewswire/ – AutoCanada Inc. (“AutoCanada” or the “Company”) (TSX: ACQ), a multi-location North American automobile dealership group, and CanadaOne Auto Group (“CanadaOne Auto”), a multi-location automobile dealership group operating dealerships across Canada, announced today that they have agreed to resolve the legal proceedings between AutoCanada, Patrick Priestner and CanadaOne Auto… Continue reading AutoCanada, Patrick Priestner and CanadaOne Auto Group Settle Outstanding Litigation

Toyota’s Dominance Threatened by Rise of Electric Vehicles

Rachel Culin considered herself a Toyota loyalist, one of millions of people who appreciated the company’s reliable and fuel-efficient hybrids. But she recently bought an electric Chevrolet Bolt to replace her Toyota Prius because the Japanese automaker had been too slow when it came to selling electric vehicles. “Where are the options for those people… Continue reading Toyota’s Dominance Threatened by Rise of Electric Vehicles

Los Angeles Auto Show® Confirms Strongest Brand Engagement since 2019

Major automotive manufacturers recognize influence of California market, making 2023 LA Auto Show® the leading automotive event on this year’s calendar LOS ANGELES, Sept. 6, 2023 /PRNewswire/ — The Los Angeles Auto Show® is thrilled to confirm that 2023 will be its strongest event since the automotive industry’s resurgence from the COVID pandemic. With more manufacturers… Continue reading Los Angeles Auto Show® Confirms Strongest Brand Engagement since 2019

Mazda informa los resultados de ventas de agosto

Agosto marca el undécimo mes consecutivo de subidas interanuales IRVINE, California, 1 de septiembre de 2023 /PRNewswire-HISPANIC PR WIRE/ — Mazda North American Operations (MNAO) ha informado hoy unas ventas totales en agosto de 30,174 vehículos, lo que supone un incremento del 18.7 %… Go to Source

Automotive Crash Test Dummies Market is to grow by USD 13.55 million from 2022 to 2027 | The need for region-specific crash tests due to varying safety standards to boost market growth – Technavio

NEW YORK, Sept. 5, 2023 /PRNewswire/ — The Automotive Crash Test Dummies Market is estimated to grow at a CAGR of 2.39% from 2022 to 2027. The market size is forecast to increase by USD 13.55 million, according to Technavio. The need for region-specific crash tests due to varying safety standards is a key factor driving market growth. Crash tests have a key role… Continue reading Automotive Crash Test Dummies Market is to grow by USD 13.55 million from 2022 to 2027 | The need for region-specific crash tests due to varying safety standards to boost market growth – Technavio