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The Truth About Cars
AUGUST 14, 2024
Image: Nissan Nissan dealers in the United States are living through a traumatic experience. Profitability has plummeted to its worst in 15 years, leaving almost 40% of Nissan's 1,071 dealers hemorrhaging money. Dealers are suggesting Nissan needs to trim the fat, possibly reducing the number of stores by up to 40%. down from 7.7%
The Truth About Cars
SEPTEMBER 9, 2024
A trio of insurance companies are suing a New York dealership and the American Honda Motor Company after over a million dollars in property damages were paid to a local homeowners association and the owners of a vehicle that caught fire while parked in their garage. Image: Honda] Become a TTAC insider.
The Truth About Cars
APRIL 22, 2024
Dealers are often the first group to sound concerns when something changes in the auto industry, whether they’re justified in their complaints or not. The group placed an ad in the April 15 issue of Automotive News and has collected support from all 50 state and 21 metro-area dealer associations.
The Truth About Cars
DECEMBER 4, 2023
The National Highway Traffic Safety Administration (NHTSA) is expanding a probe into over 500,000 late-model Hondas that could be suffering from a steering defect. Reports indicate that 2023 Honda CR-Vs, 2023 Acura Integras, and 2022-2023 Honda Civics could be affected. The NHTSA cited 523 incidents, with Honda noting 804.
The Truth About Cars
JULY 23, 2024
The Honda Civic Si has long been a solid in-between point, filling the performance gap between the standard Civic and the much hotter Civic Type R. Honda gave the car an overhaul for the 2025 model year, giving it a revised exterior design, updated interior, and new tech features. The 2025 Civic Si will hit dealers’ lots in August.
The Truth About Cars
OCTOBER 19, 2023
Appealing to customers who’d like a dose of electrons with their new Civic – or, perhaps more likely, appeasing dealers whining about the existence of a Corolla Hybrid, the crew at Honda is rolling out an electrified variant of the popular Civic next year. & [Image: Honda] Become a& TTAC insider.
The Truth About Cars
SEPTEMBER 23, 2024
After several years of swelling vehicle prices and tragically lean inventories, the market has reached a point where dealer lots are getting full and consumers are becoming disinclined to go into quite so much debt in order to purchase a new automobile. Any deals you may find will hinge heavily on which brands and models you’re looking at.
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