To sell more used vehicles online, groups create brands
Some dealership groups are creating standalone brands as they launch new online sales tools with the goal of reaching new customers and diversifying operations.
Some dealership groups are creating standalone brands as they launch new online sales tools with the goal of reaching new customers and diversifying operations.
Elevated used-vehicle pricing continues to pose a challenge to the used-only vehicle ventures of Sonic Automotive and Penske Automotive Group.
Most automakers reporting earnings last week said they expect better microchip supplies in the second half of 2022 and remained profitable despite stubbornly low inventories.
The past few years have ushered in dozens of changes in the realm of safety technology, in manufacturing practices and in connected vehicles. These are 25 of them.
The tool is fostering engagement with online shoppers and helping the store sell more accessories, managers say.