May 28, 2022
Dealer News
CFPB Targets Illegal Repossessions
Staff Writer
March 02, 2022
Sloppy record keeping, unreliable balance statements, illegal seizure of cars and ransom for personal property are areas being targeted by the Consumer Financial Protection Bureau. “With today’s high car prices,…
Toyota, Lexus Win Top Resale Honors
Staff Writer
March 01, 2022
Kelley Blue Book’s 20th annual Best Resale Value Awards named Toyota and Lexus the big winners among the 2022 model-year brands for their projected retained value through the initial five-year…
New-Car Sales to Decline
Staff Writer
February 28, 2022
New-vehicle retail sales for February 2022 are expected to decline when compared with February 2021, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new…
February New-Car Sales Still Constrained
Staff Writer
February 25, 2022
New-vehicle sales in February are expected to reach 1.08 million units, a drop of 11% compared to February 2021, according to a forecast by Cox Automotive. The February pace of…
Terry Joins Asbury Board
Staff Writer
February 24, 2022
Asbury Automotive Group, one of the largest U.S. automotive retail and service companies, has appointed Hilliard Terry III to its Board of Directors. The board has appointed Terry to the…
Franchises Sell More Vehicles in 2021
Staff Writer
February 18, 2022
Urban Science’s 2021 Automotive Franchise Activity Report shows a year of continued stability and slight growth for the U.S. automotive retail network despite far-reaching inventory shortages in 2021. As of …
Pennsylvania AG Targets Two Dealers
Staff Writer
February 16, 2022
Increased demand for used cars has been a godsend for scammers, said state Attorney General Josh Shapiro. His office took legal action against two Pennsylvania dealerships for allegedly violating consumer…
Korean Brands Top Dependability Study
Staff Writer
February 15, 2022
Kia, Genesis and Hyundai earned three of the top four rankings in the redesigned J.D. Power 2022 U.S. Vehicle Dependability Study. Buick and Toyota also made the list of the…
12 Vehicles Top Autotrader List
Staff Writer
February 11, 2022
Autotrader’s list of the Best New Cars for 2022 is comprised of 12 vehicles selected by a team of experts, who collectively tested and ranked new models using a range…
