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Editorial

Newsby StaffJanuary 3, 2023

Diesel Fuel Prices Starting to Fall

Diesel fuel prices have started to fall, but they still remain at historical highs.

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Newsby StaffJanuary 3, 2023

Commercial EV Vehicle Leases to Qualify for Tax Credits

As of January 1, consumers can lease electric vehicles and qualify for up to $7,500 in commercial clean vehicle tax credits.

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Newsby StaffJanuary 3, 2023

New Vehicle Sales Plummet to Record Lows in 2022

Sales of new automobiles plunged to under 14 million vehicles in 2022, the lowest since 2011, reports Kelley Blue Book.

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Newsby StaffJanuary 3, 2023

Improved Inventories Boost December Sales

Dealer profits still high, though fewer units marked above MSRP.

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Newsby StaffDecember 23, 2022

Bill Would Help Dealers Facing Inventory Shortages

NADA says measure passed by Senate would give those using LIFO more time to replenish.

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Newsby StaffDecember 23, 2022

Car Prices to Ease in 2023

Report shows used models in particular to fall as new-car inventory improves.

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Newsby StaffDecember 22, 2022

CarMax’s Bad Q3 Results Drag Down Industry

Used-car retailer grapples with waning demand in face of economic challenges.

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Newsby StaffDecember 22, 2022

Audi to Abandon ICE Vehicles

Joins growing list of carmakers embracing electrification.

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Newsby StaffDecember 22, 2022

Security Ops Center Planned at Reynolds HQ

State-of-the art facility to enhance Proton Dealership IT’s cyber threat monitoring and response services.

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