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- Fresh off a Series A round, a DFW automotive fintech company has landed $20M deal
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. - Auto dealers sue Illinois, EV makers over direct sales
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. - General Motors will not offer buyouts to GMC dealers who don't want to sell Hummer EVs
About half of GMC's 1,695 dealers have agreed to invest and sell electric vehicles, beginning next fall with the brand's Hummer EV pickup.
CNBC. Tue, 08 Dec 2020 21:03:05 GMT. - Motor dealers to offer and average of 7% off new cars this month to recoup lockdown 2 losses
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. - Column: Auto dealers face a business disruption as EVs are poised to gain market share
Electric vehicles will upend the business of selling cars. How will dealers respond?
Michael Hiltzik. Los Angeles Times. Tue, 6 Oct 2020 14:20:32 -0400. - There was only one Bob Rohrman. Auto dealer and TV pitchman dies at 87.
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. - Wells Fargo Halts Certain Auto Loans Amid Coronavirus Scares
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. - While U.S. economy slides, heartland auto dealers cry out for more trucks
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. - Carsales.com cuts staff as COVID-19 deflates auto sales
Listed online auto classifieds company moves to cut costs as some dealers report a 40-60 per cent drop in new car sales in April.
Darren Gray. Sydney Morning Herald. Thu, 23 Apr 2020 17:54:04 +1000. - Choosing New Or Choosing Used May Also Point To The Best Deal On Financing
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.
- Car Auctions (Information)
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.
https://www.carbuying.us/car-auctions.htm
- Auto Dealer Directory (Information)
Directory of auto dealers that are located throughout the United States, with contact info, product and service categories, and web site links.
https://auto-dealers.regionaldirectory.us/
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