Stellantis Cut North American Shipments by 47,000 and Earned an Operating Profit. Jeep Lots Still Hold 169 Days of Supply
Stellantis North America shipments fell 12% in Q3 and the region made an operating profit, yet Jeep dealers held 169…
Dealerships
Cox Says the VinSolutions Breach Is Contained, but the Legal Exposure Sits With Dealers
Cox says the VinSolutions incident was contained. Under the FTC Safeguards Rule, the dealers whose customer files sit in the…
GM Dealers Pushed for Hybrids ‘Every Chance We Get’ While Toyota’s U.S. Sales Ran 57.4% Electrified — Now Mary Barra Says They’re Coming
Mary Barra told analysts on GM’s Oct. 20 earnings call that the company “will have...
VW Lost the Scout Direct-Sales Fight Over the Word “Affiliate,” Asked a California Judge for a Do-Over, and Got a Firm No
A federal judge refused to let Volkswagen and Scout reopen a dealer suit, and the dispute turns on a shared…
Fake Pizza Calls, 38% Interest and Wrongful Repos: Settlements With Seven Car Lenders Show the Same Tricks Again and Again
Seven auto lenders, eleven years of government files and three recurring problems: loans built to fail, add-ons that never get…
169 Days of Jeeps, 35 Days of Toyotas: The Car Glut Lives on Certain Lots
Cox Automotive counted 82 days of new-car supply in September, below a year ago. The surplus sits with Jeep, Ram…
Truist’s $5.5 Billion Near-Prime Auto Book Was Breaking Even, So the Bank Sold It and Is Shutting the Lender Down
Truist sold $5.5 billion of near-prime car loans from Regional Acceptance, a unit it says broke even, and is closing…
GM Earned $3.3 Billion Last Quarter. Its Lending Arm Set Aside 39% More for Car Loans Going Bad
Ford, GM and Stellantis have mostly finished booking their EV write-downs. The strain now shows up at their finance arms,…
From 35 Cars to Nearly 1,000 a Month: How Carvana Turned a Sleepy Arizona Dodge Store Into Stellantis’s No. 1 Dealer
Carvana bought a small Arizona Chrysler-Dodge-Jeep-Ram store that sold 30-50 new cars a month. It now sells close to 1,000,…
The FTC Just Published the Dealer Playbook: The 5 Lines You’ll Hear, and Exactly What to Say Back
The FTC says Greenway Auto Group charged more than the advertised price in 92% of reviewed deals. Here are the…
The Dealership Boom Is Cracking: $120 Million Gone in One Quarter, and Buyers May Pay for It in the Finance Office
Six public dealer groups earned about $120 million less in Q2 2026 as new-car margins shrank. Aggressive stock buybacks kept…
Used-Car Lots Are Fuller Than Last Year. Good Luck Finding Anything Under $15,000
Dealers have 3.3% more used cars than a year ago, but 16.2% fewer priced at $15,000 or less, while the…
Penske and Mitsui Are Taking PAG Private for $16.3 Billion, With Help From Toyota’s and Mercedes’ Lenders
Penske and Mitsui are paying $212 a share to take PAG private, and some of the money is coming from…
A $400,000 Corvette ZR1X Markup Is Making the Rounds. The Dealer’s Own Price Tags Don’t Back It Up
George Nunnally Chevrolet's website prices its cars at MSRP plus a $129 fee. An addendum carrying its name adds $400,000…
New York City Says CarGurus Rated a Honda $2,212 Under Market. With Fees, It Was $1,473 Over.
New York City says a CarGurus “Great Deal” Honda cost $1,473 over market once dealer fees were added. Here is…