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Penske Automotive Buys Largest Ford Dealer Network By Sales

The Truth About Cars

While best known for its commercial trucking services, Penske has been ramping up dealer acquisitions, buying out trucking rivals and trying to expand its already sizable footprint in both Europe and Australia. While those types of dealerships still exist, they’re losing ground to larger dealer networks. in Massachusetts.

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Stellantis US dealers reprimand CEO Tavares in letter

Teslarati

The US National Dealer Council sent a scathing letter to Stellantis CEO Carlos Tavares, emphasizing concerns about the automaker’s past decisions and future plans. In August, Stellantis received a proposal to buy back Chrysler, Dodge, and Plymouth/Mopar brands, citing similar reasons.

Dealers 93
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Chevrolet is holding EV training workshops for dealers

Teslarati

set to help educate dealers and salespeople about the technology as more consumers look to go electric. states over the summer and fall, in efforts to increase dealer confidence and product knowledge, as detailed in a report over the weekend from Automotive News. . Chevy has been hosting an EV training tour across five U.S.

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Amazon's Car-Buying Pilot Doesn't Save You From The Dealer Finance Office

InsideEVs

Amazon wants to disrupt car buying. But its pilot program still requires you to visit a dealer to sign all of the paperwork.

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BYD Buys Car Distributor in Germany, fueling Push in Europe

Teslarati

BYD Automotive GmbH plans to buy Hedin Electric Mobility, a car distributor in Germany. The Swedish car distributor previously managed BYD’s relationship with dealers across Germany. The post BYD Buys Car Distributor in Germany, fueling Push in Europe appeared first on TESLARATI.

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Dealers join the UAW in charging Stellantis with ‘reckless’ decisions

Teslarati

Many dealers joined the UAW in claiming that Tavares was mismanaging the U.S. Dealer groups claim that “reckless short-term decision-making to secure record profits in 2023” made them “anemic and diminished,”as market share has continued to decrease for the vehicle makers. And how did we get in this predicament?

Dealers 106
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Car Dealers to President Biden: ‘enthusiasm has stalled’ for EVs

Teslarati

Over 3,000 car dealers sent a letter to President Biden expressing their concerns about his administration’s push toward electric vehicles (EVs). Car dealers have informed the President that enthusiasm for electric vehicles has stalled, hinting at concerns over the demand for EVs. But that enthusiasm has stalled.

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