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India's retail car sales drop in May as elections, weather delay purchases
Reuters· 2 days agoRetail sales of cars in India fell 1% in May, tracking slowing wholesale growth, as elections and...
Foreclosure Threatens Janbakhsh’s Plaza Mariachi in Nashville
The Real Deal· 1 day agoPlaza Mariachi, a popular entertainment and retail center in South Nashville, is facing foreclosure,...
China Reports Better-Than-Expected Auto Sales in May
Morningstar· 13 hours agoChina's vehicle sales fell slightly in May but were better than expected as consumer sentiment picked up thanks in part to government subsidies. Retail sales of passenger ...
2 Auto Parts Retailers Worth Watching on Industry Strength
Zacks via Yahoo Finance· 9 hours agoWith the Zacks Automotive- Retail and Wholesale- Parts industry currently placed in the top 21% of...
Call center employees aren’t ‘automobile salespersons’ exempt from FLSA overtime, 11th Circuit says
HR Dive· 2 hours agoFormer call center employees for a West Palm Beach, Florida, auto dealership did not qualify as “automobile salespersons” exempt from overtime under the Fair Labor Standards ...
Auto Trader reports robust growth in used car sales in May
Motor Finance via Yahoo Finance· 5 days agoHowever, supply of 1-5-year-old cars fell by 17.3% year-on-year due to pandemic-related disruptions....
GM lowers EV production targets amid slow demand, says EVs will show 'variable profit'
Gannett via AOL· 5 hours agoGM's retail EV portfolio this year includes the GMC Hummer pickup and SUV, Cadillac Lyriq,...
Longtime Ford dealer Sam Johnson dies at 84
Automotive News· 3 hours agoSam Johnson, who owned dealerships in South Carolina, North Carolina, Virginia and Mississippi during his long auto retail career, died June 1 in Bluffton ...
U.S. Automobile Dealer Sentiment: As Market Uncertainty Grows, Dealers Remain Pessimistic and...
The Auto Channel· 5 hours agoThe Q2 2024 Cox Automotive Dealer Sentiment Index shows U.S. auto dealers are navigating a challenging market, shaped by economic uncertainty and a coming national election ...
In data: US light vehicle market returns to growth
Just Auto via Yahoo Finance· 7 days agoNorth America, Korea, and Japan all contracted in April, due in part to base effects and fewer selling days. The 2024 outlook for global auto sales is...