Average dealership profit down nearly 20% through Q3 | Collision, braking technologies struggle | Ford leads U.S. in recalls | Your guide to the Inflation Reduction Act | U.S. fuel economy record set

Pretax profits for the average car dealership slipped and gross profit per new vehicle sold tumbled 26 percent through the first nine months of 2023.

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Thursday, December 21, 2023 Subscription Required Average dealership pretax profit down nearly 20% through Q3   Read More > Subscribe today to unlock access to our Best Dealerships to Work for ranked list. Subscription Required Collision, braking tech struggle to prevent crashes with large trucks, motorcycles   Read More > Subscription Required Ford generated most U.S. recalls for third straight year, partial NHTSA data shows Toyota recalls 1.1 million vehicles globally over malfunctioning airbag sensors Automakers fight NHTSA's bid to force recall of 52 million airbag inflators   Read More > Advertisement Want First Look at what Cox Automotive has Planned for NADA 2024? Want a sneak peek into what Cox Automotive has planned for NADA 2024? Flip through the pages of the following interactive all-in-one guide to see some of the people, product releases, as well as a few other surprises the retail solutions have planned to help you expand reach and sell more vehicles. View The Guide. Subscription Required Inflation Reduction Act in 2023: A year of crucial guidance for automakers, car dealers, EV stakeholders   Read More > Sponsored Content From RouteOne Transforming automotive retail: Transitioning to true eContracting in a digital era Today's consumers expect flexible omnichannel experiences when researching, shopping, and ultimately purchasing vehicles. Customers want retail journeys centered around convenience, transparency, and personalization, whether online, in-store, or both.   Read More > U.S. vehicles set fuel economy record in 2022 model year, EPA says   Read More > DAILY DRIVE PODCAST: December 20, 2023   Nearly half of Buick's U.S. dealerships take buyouts in 2023 rather than sell EVs. Kia is allegedly withholding Canadian deliveries after meeting its sales target. Plus, Automotive News reporter Lindsay VanHulle talks about General Motors’ year in 2023. LISTEN HERE >     Subscription Required Auto suppliers seek protections from electric vehicle programs that might not pan out   Read More > Sponsored Content From Autotrader Want the First Look at What Cox Automotive Has Planned for NADA 2024? To say we’re excited for NADA 2024... would be an understatement! Would you like to be one of the first to see what Cox Automotive has planned for NADA 2024?    Read More > Subscription Required AutoNation, Ed Morse, McGovern Automotive among players in Q4 dealership transactions   Read More > Subscription Required GM's Factory Zero EV plant resumes operations after fire   Read More > Subscription Required Polestar, Costco Auto Program team on limited CPO EV incentive   Read More > Subscription Required Waymo claims autonomy offers ‘significant' safety benefits compared with human drivers   Read More > Automotive News Newscasts Check out our limited series podcast covering the industry's impact on carbon net neutrality,where we explore what's happening, why, and how. Best Dealerships to Work For See which dealers are going above and beyond for their staff this year. SUBSCRIBE NOW This email was sent to manojdole1.wheeler@blogger.com Manage My Account | Contact Us   © 2023 Automotive News 1155 Gratiot Ave., Detroit, MI 48207-2997 United States Privacy Policy | Terms and Conditions | Unsubscribe