Car Capital is looking to get its technology in the hands of more dealers with a $20M credit line deal with Medalist Partners.
Kevin Cummings. American City Business Journals. Wed, 14 Apr 2021 17:36:28 +0000.
CHICAGO (AP) - The Illinois Automobile Dealers Association has filed a lawsuit against the state and electric truck startup Rivian for selling vehicles directly to consumers. ...
Washington Times. Fri, 26 Mar 2021 20:23:07 -0400.
With the pandemic pounding car sales in 2020, there will be a real drive in December for dealerships to shift as many new cars as possible to bulk out end-of-year figures.
Daily Mail. Wed, 02 Dec 2020 09:43:57 GMT.
Of all the Chicago auto dealers who ever graced the small screen as their own TV pitchman, few were as delightfully campy as Bob Rohrman.
Robert Channick. Chicago Tribune. Wed, 02 Sep 2020 19:23:35 +0000.
Having assessed the economic implications of the coronavirus outbreak, Wells Fargo (WFC) plans to halt lending to independent car dealers to avoid the risk of defaults.
Zacks Equity Research. Zacks. Thu, 04 Jun 2020 13:38:00 GMT.
Jerry Bill is worried the novel coronavirus could hurt business at the Des Moines auto dealership he runs, but not because of a shortage of buyers for the big Ram pickups on his lot. ...
Yahoo. Thu, 21 May 2020 06:11:44 -0400.
Automakers and their "captive" finance companies are a lot more interested in helping dealers sell new cars and trucks than they are used cars and trucks. Banks and credit unions dominate used-vehicle finance.
By Jim Henry, Contributor. Forbes. Thu, 5 Mar 2020 16:16:04 +0000.
At dealer auctions, car dealers purchase a large percentage of the cars that they sell on their used-car lots. The profits they make on these automobiles are often far greater than their profits on new car sales.