Auto Dealer News

• Seven men arrested over shooting of hero dad who shielded his kids from a stray bullet in New York
  
  Anthony Jefferson, 39, was shot in the thigh as he sat waiting at the Road Automotive Group car dealership in the Bronx on September 21, 2020.
  Daily Mail.  Friday, 30 Jul 2021.
• The Cupboard Is Getting Bare At Auto Dealerships, Hurting July Auto Sales
  
  A computer-chip shortage has aggravated a shortage of new cars and trucks, driving up prices at the same time, and crimping U.S. auto sales this month.
  Forbes.  Wednesday, 28 Jul 2021.
• Dollar Signs: Computer Chip Shortage Drives Record Auto Dealer Profits
  
  A computer-chip shortage and high consumer demand for cars and trucks are driving high prices. Dealers, automakers and auto lenders are cashing in.
  Forbes.  Tuesday, 27 Jul 2021.
• North Carolina car dealership faces boycott after calling black woman 'Bon Quisha'
  
  Lumberton Honda has come under fire after posting a photo of Trinity Bethune, a black woman, in front of her new car, and congratulating 'Bon Quisha' on her purchase in a Facebook post.
  Daily Mail.  Monday, 26 Jul 2021.
• Kyle Larson's Hendrick Motorsports NASCAR contract extended through 2023
  
  Kyle Larson has had is Hendrick Motorsports contract extended through 2023. The Cup Series driver has full sponsorship from Hendrick's car dealership group.
  Fox News.  Wednesday, 14 Jul 2021.
• Greggs' sales recovery stronger than expected
  
  The bakery chain says sales have continued to grow, while car dealership Lookers also enjoys strong trade.
  BBC News.  Monday, 28 Jun 2021.
• Aston Martin sues Swiss car dealer over deposits on £2.5m Valkyrie model
  
  Aston Martin is suing a Swiss car dealer which it claims failed to hand over customer deposits for its £2.5m Valkyrie supercar.
  Sky News.  Tuesday, 22 Jun 2021.
• Wandering elephants on epic journey across China becoming international stars
  
  They've raided farms for food and water, visited a car dealership and even showed up at a retirement home.
  ABC News.  Wednesday, 9 Jun 2021.
• Should You Invest In Auto Dealers Right Now?
  
  As things stand now, there are pros and cons to investing in this group.
  Zacks.  Wednesday, 19 May 2021.
• Hinsdale police: 2 arrested after Land Rover, Ferrari dealership break-ins
  
  Hinsdale police said two people are in custody after break-ins were reported at two luxury car dealerships Monday morning.
  ABC News.  Monday, 17 May 2021.
• Flat Retail Sales Point at a Few Bright Spots: 4 Top Picks
  
  While the broader retail sales numbers were flat in April, the same cannot be said about bars and restaurants, and auto dealers. This calls for investing in names like Bloomin Brands (BLMN) & OReilly Automotive (ORLY).
  Zacks.  Monday, 17 May 2021.
• Car dealer Pendragon motors towards huge pay revolt
  
  Pendragon, one of Britain's biggest car dealers, is facing a massive shareholder backlash after paying its chief executive a six-figure bonus despite axing 1,800 jobs and using millions of pounds of taxpayers' money to furlough staff.
  Sky News.  Friday, 14 May 2021.
• Automakers to slash production over computer chip shortage
  
  DETROIT — For the next few months, Charlie Gilchrist figures his 11 car dealerships in the Dallas-Fort Worth area will sell just about every new vehicle they can get from the factories – and at increased prices. ...
  Washington Times.  Wednesday, 12 May 2021.
• Woman excluded from team lunches wins workplace discrimination case with $32G payout
  
  A car dealership in the U.K. is paying the price for alleged workplace discrimination.
  Fox News.  Tuesday, 11 May 2021.
• Senate GOP tax bill stuffed with special interest provisions
  
  Under the Senate tax bill, car dealerships would be able to fully deduct interest on loans thanks to Kentucky Sen. Rand Paul. An amendment by Texas Sen. ...
  CBS News.  Saturday, 8 May 2021.

Auto Dealers News Headlines and News Summaries