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Gateway - Jalopnik
Jalopnik· 1 day agoPolice are looking for two Georgia car salesmen who allegedly stole thousands of dollars from dealer customers after pocketing down payments for cars that were never handed ...
Retail sales rise a meager 0.1% in May from April as still high inflation curbs spending
San Francisco Chronicle· 10 hours agoConsumers barely increased spending in May from April as still high prices on groceries and other...
Gateway - Jalopnik
Jalopnik· 1 day agoA car dealer in Delray Beach, Florida has been charged with federal wire fraud for allegedly stealing nearly $8 million from investors in December 2020. According to federal ...
Ford walks back EV dealer restrictions to boost sales
Reuters via Yahoo Finance· 5 days agoFord Motor Co will soon allow all of its dealers to sell electric vehicles, reversing its more...
Bank of Canada interest rate cut praised by Canadian auto dealers
Automotive News· 7 days agoThe Canadian Automobile Dealers Association says the Bank of Canada’s cut to the overnight lending rate is good news for the auto retail industry. The BoC ...
Sunoco and Adient's have been highlighted as Zacks Bull and Bear of the Day
Zacks via Yahoo Finance· 17 hours agoConsidering such, Adient lands a Zacks Rank #5 (Strong Sell) and the Bear of the Day. Industry...
Gateway - Jalopnik
Jalopnik· 1 day agoIn a statement, [Detroit Auto Dealers Association Executive Director Rod Alberts] said, “we are pleased state leaders have recognized the hardships and ...
Polestar adding new markets
Just Auto via Yahoo Finance· 12 hours agoThrough these appointments, we are strengthening our sales teams and bringing in additional expertise at a pivotal point in our development, as our model...
NCGA, AFBF and coalition partners file lawsuit against EPA’s electric vehicle mandate
KFGO· 6 days agoThe National Corn Growers Association, American Farm Bureau Federation and six auto dealers representin...
US Retail Sales Barely Increase In Sign of Consumer Strain
Bloomberg via Yahoo Finance· 15 hours ago(Bloomberg) -- US retail sales barely rose in May and prior months were revised lower, pointing to...
