Tesla to recall 200,000 vehicles in U.S. to fix rearview glitch
The rearview malfunction, caused by software instability, might decrease the driver’s visibility and increase the risk of a crash, NHTSA said.
Vehicle theft on the rise at dealerships. Here’s how retailers are protecting inventory
The increase in technology that’s readily available to criminals, providing them alternative ways to steal cars, is a driving factor behind the uptick in vehicle theft at dealership lots, experts say.
Fisker to recruit retailers at NADA as first Ocean EVs head to dealerships Feb. 5
CEO Henrik Fisker says more than 65 U.S. dealers are talking with the EV maker. The first group to sign has ordered thousands of the Ocean crossovers, which will hit dealer lots in early February.
Dealership valuations dip from 2022, but remain high, experts say
Despite a decline in dealership valuations through the first three quarters of 2023 compared with 2022, valuations are still about two times higher than pre-COVID figures, buy-sell experts say.
Lincoln cutting 200 U.S. dealerships in 2-year consolidation push
The brand is offering Lincoln retailers buyouts that include sweeteners such as more Ford inventory and special incentive plans for loyal customers.