Penske Automotive Group Inc. and Lithia Motors Inc. each announced new single-store acquisition deals.
Tuesday, May 3, 2022
Penske nabs Hyundai-Genesis location near Indianapolis; Lithia adds Ontario store
Penske nabs Hyundai-Genesis location near Indianapolis; Lithia adds Ontario store
Penske Automotive Group Inc. and Lithia Motors Inc. each announced new single-store acquisition deals.
More dealerships choosing to accept cryptocurrency
Jeff Wyler Automotive Family, with 23 dealerships in three states, completed its first vehicle transaction using cryptocurrency in April at a store in Kentucky.
Toyota, Honda, Hyundai, Kia sales fall by double digits again as chip woes linger
U.S. new-vehicle sales are expected to fall around 20 percent in April, analysts predict, as automakers struggle to rebuild depleted dealer inventories amid chronic microchip shortages and other supply chain hurdles.
Toyota, Hyundai, Kia sales fall by double digits again as chip woes linger
U.S. new-vehicle sales are expected to fall around 20 percent in April, analysts predict, as automakers struggle to rebuild depleted dealer inventories amid chronic microchip shortages and other supply chain hurdles.
Hyundai, Kia sales fall by double digits again as chip woes linger
U.S. new-vehicle sales are expected to fall around 20 percent in April, analysts predict, as automakers struggle to rebuild depleted dealer inventories amid chronic microchip shortages and other supply chain hurdles.