3 AutoNation USA stores open so far this year
The nation’s second-largest auto retailer based on new-vehicle sales hopes to have more than 130 used-vehicle-only AutoNation USA stores by the end of 2026.
Bosch crash detection algorithm speeds up safety system deployment without adding more sensors
Bosch’s off-zone crash detection system allows for faster deployment of safety systems, such as airbags or seat belt tensioners, in a vehicle when a collision takes place, all without more sensors.
Used-vehicle retailers shifted Q1 goals to profit over volume
Retailers grappled in their latest quarters with many factors impacting used-vehicle businesses: tighter availability of late-model used-vehicle inventory, heavier acquisition activity at wholesale auctions by rental car companies and increased consumer demand for affordable vehicles.
11 charged with stealing cars from 26 dealerships in Ohio
At one dealership, prosecutors said, some of the suspects gave a salesperson their real names while casing the showroom before stealing from it the same night.
Tesla offering discounts of over $1,300 on some U.S. Model 3 cars
Facing economic headwinds and mounting competition, Tesla this year has aggressively cut vehicle prices in several regions and is resorting to the traditional automakers’ tactic of offering incentives to clear inventory, analysts said.