Beijing halves sales tax on cars with engine sizes up to 2.0 liters

Beijing halves sales tax on cars with engine sizes up to 2.0 liters https://ift.tt/brUXPnz

Beijing, seeking to revive vehicle sales undermined by government anti-pandemic measures, will halve the sales tax to 5 percent on new light vehicles with engine sizes up to 2.0 liters and priced at 300,000 yuan ($45,045) or below. 

Digital retailing options keep most customers satisfied even in seller's market

Digital retailing options keep most customers satisfied even in seller's market https://ift.tt/odZFaSj

Shoppers aren't thrilled about the higher prices and fewer vehicle choices found on dealership websites these days, but they like digital retailing itself, Cox Automotive market researcher Angela Drake says.

Digital retailing options keep customers satisfied even in seller's market

Digital retailing options keep customers satisfied even in seller's market https://ift.tt/1zAeLwf

Shoppers aren't thrilled about the higher prices and fewer vehicle choices found on dealership websites these days, but they like digital retailing itself, Cox Automotive market researcher Angela Drake says.

A brighter business outlook in the States is one reason Canadian dealer groups are buying U.S. stores

A brighter business outlook in the States is one reason Canadian dealer groups are buying U.S. stores https://ift.tt/jVgrMaR

It's not just warmer U.S. weather, but also the promise of a brighter outlook for business that is drawing interest from Canadian dealer groups.

How the car dealership buy-sell market could shift in the next year

How the car dealership buy-sell market could shift in the next year https://ift.tt/nv4tkhQ

For dealers who are thinking about selling their dealerships, there may never be another time when the stars are aligned the way they are now.

Dealer anniversary

Dealer anniversary https://ift.tt/F4vrg8D

Dealers featured this week are Lou Thomas, president of Louis Thomas Subaru in Parkersburg, W.Va., and Ed Thomas, chairman.