HYUNDAI: Deliveries slip in Sept.

HYUNDAI: Deliveries slip in Sept. https://ift.tt/3zW2bK5

Hyundai's luxury brand, Genesis, enjoyed a record 4,867 deliveries during September.

AutoNation acquires 11 Peacock Automotive dealerships

AutoNation acquires 11 Peacock Automotive dealerships https://ift.tt/2Yca6pQ

Auto retail giant AutoNation Inc. made its first franchised dealership acquisitions since 2018 with the purchase of 11 stores from Peacock Automotive Group. Peacock is retaining a Ford outlet in Florida.

Chapman Automotive, Summit Automotive, World Auto buy dealerships; Speigl acquires first stores

Chapman Automotive, Summit Automotive, World Auto buy dealerships; Speigl acquires first stores https://ift.tt/3D5sOxU

Three of the transactions involved dealership groups listed on Automotive News' Top 150 dealerships list.

Toyota, Honda, Hyundai fall again; GM slumps in Q3

Toyota, Honda, Hyundai fall again; GM slumps in Q3 https://ift.tt/3B1qAiF

The global chip shortage continues to hammer automakers, with Toyota, Honda, Hyundai and Kia reporting lower U.S. sales in September, and GM down 37 percent in the third quarter.

Kia, Hyundai slip again in Sept. behind tight supplies

Kia, Hyundai slip again in Sept. behind tight supplies https://ift.tt/3uuvwtI

The global chip shortage and other supply disruptions continued to hammer automakers last month, with Hyundai and Kia reporting lower U.S. sales in September for the second straight month.

CarMax posts record Q2 revenue in ultra-competitive used-vehicle market

CarMax posts record Q2 revenue in ultra-competitive used-vehicle market https://ift.tt/3F4eAPK

In terms of getting cars and trucks to sell, the instant appraisal and cash offer tool it developed with Edmunds continues to pay off.