Expected leasing decline drives lower GM Financial Q1 earnings
GM Financial’s full-year 2023 earnings expectations remain in the mid-$2 billion range.
Asbury net income, revenue down in Q1 after stores dropped in 2022
Asbury sold 16 dealerships in 2022: Four in the first quarter, three in the second, and nine in the fourth.
NAMAD seeks president after Hugene Fields departure
Hugene Fields, a newcomer to retailing who joined the minority auto dealers association last fall, departed March 31.
Toyota plans to make hydrogen fuel cell kits for Class 8 trucks
Toyota is leveraging Mirai passenger sedan technology to build fuel cell stacks that can power Class 8 trucks.
Meta's revised auto listing restrictions have mixed effect on dealers
Meta as of Jan. 30 stopped letting dealerships create used-vehicle listings using a Facebook business page.