Dealers featured this week include Tom Heffernan, dealer principal of Tom Heffernan Ford in Lake City, Minn.; and Paul Rusnak, dealer principal of Rusnak BMW in Thousand Oaks, Calif.
Friday, March 31, 2023
Tesla deliveries face one big question: Did price cuts work?
Tesla deliveries face one big question: Did price cuts work? https://ift.tt/HpDTZrW
The Elon Musk-led carmaker is expected to announce quarterly delivery and production figures in early April, providing an initial glimpse into how well the company’s strategy of chasing volume over profit margins worked.
Thursday, March 30, 2023
Ford increases F-150 Lightning prices as plant resumes full production following battery fire
Ford increases F-150 Lightning prices as plant resumes full production following battery fire https://ift.tt/Ek4ih0j
The base F-150 Lightning Pro model now starts at $61,869, including shipping, up about 50 percent over the initial starting price when the truck launched in April 2022.
Market demand remains weak
Market demand remains weak https://ift.tt/piauLSK
New car demand in China remained sluggish in the first 26 days of March after Beijing phased out a decade-long subsidy program for electrified vehicles and terminated a six-month long sales tax break on gasoline-powered vehicles in December.
Kia stores are a hot ticket for retailers
Kia stores are a hot ticket for retailers https://ift.tt/XOHjmzt
Dealership brokers say Kia has become an increasingly popular brand for consumers and the value of its dealerships continues to rise. At least 27 Kia stores changed hands in 2022, up from 24 in 2021.
Wednesday, March 29, 2023
Fired detailer sues Atlanta-area group, claims overtime not paid
Fired detailer sues Atlanta-area group, claims overtime not paid https://ift.tt/KWZBRF5
The suit by Michael Colbert accuses ALM Automotive Group in Norcross, Ga., of illegally retaliating against him when he complained about not being paid overtime.
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