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News By Topic: Automobile Dealers

WOW! CarMax Reports Fourth Quarter and Fiscal Year 2022 Results

WOW! CarMax Reports Fourth Quarter and Fiscal Year 2022 Results

RICHMOND, Va.--CarMax, Inc. today reported results for the fourth quarter and fiscal year ended February 28, 2022. Highlights: CarMax’s share of the nationwide age 0-10 year old used vehicle market increased to a record 4.0% in calendar year 2021, up approximately 13% from 3.5% in calendar year 2020. ... Continue reading

Barrett-Jackson Topples Palm Beach Auction Records With $60.7 Million in Total Sales, Including $3.8 Million for Charity

Barrett-Jackson Topples Palm Beach Auction Records With $60.7 Million in Total Sales, Including $3.8 Million for Charity

Governor Ron DeSantis attended the Barrett-Jackson Palm Beach Auction for the sale of two charity vehicles that raised $1.76 million to support humanitarian relief efforts in Ukraine. ... Continue reading

Center For Automotive Research - New CAFE Standards and Penalties Implications and Overview

Center For Automotive Research - New CAFE Standards and Penalties Implications and Overview

Apr 11, 2022 | Feature Story On Friday, April 1, 2022, Transportation Secretary Pete Buttigieg unveiled new CAFE (Corporate Average Fuel Economy) standards for 2024-2026 model year passenger cars and light-duty trucks. These new standards will require new vehicles sold in the US to average at least 40 miles per gallon. ... Continue reading

Nutson's Weekly Auto News Wrap-up Week Ending April 9, 2022

Nutson's Weekly Auto News Wrap-up Week Ending April 9, 2022

These are this past week's important, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as expertly crafted easy-to-understand automotive universe news nuggets ... Continue reading

Three more Volvos earn Top Safety Pick+

Three more Volvos earn Top Safety Pick+

The 2022 Volvo S90, S90 Recharge and V90 Cross Country, all large luxury cars, earn Top Safety Pick+ awards from the Insurance Institute for Highway Safety. To qualify for either of the Institute’s two 2022 awards, vehicles must earn good ratings in six IIHS crashworthiness evaluations, including the driver-side smal ... Continue reading

Ford GT Holman Moody Heritage Edition Honors 1-2-3 Ford Sweep at 1966 Le Mans

Ford GT Holman Moody Heritage Edition Honors 1-2-3 Ford Sweep at 1966 Le Mans

In a special nod to the debut of the original Ford GT40 prototype at the 1964 New York Auto Show, Ford is returning to the Big Apple for the first public appearance of its new GT Heritage Edition – the 2022 Ford GT Holman Moody Edition. This marks the final 2022 Heritage Edition paying tribute to the GT40 MK II race ... Continue reading

A Friday Smile: Icons, Idiots — and Bob Lutz Book Review By Marty Bernstein

A Friday Smile: Icons, Idiots — and Bob Lutz Book Review By Marty Bernstein

Icons, Idiots — and Bob Lutz An enjoyable, one-way conversation, says our book reviewer. by Marty Bernstein | Jul 3, 2013 Bob Lutz describes some of the most memorable leaders he's works with in a 60-year career. ... Continue reading

Sonatus Survey Shows Majority of Consumers Would Spend Big to Alleviate Automotive Cybersecurity Concerns

Sonatus Survey Shows Majority of Consumers Would Spend Big to Alleviate Automotive Cybersecurity Concerns

today released survey results exploring how much consumers know about automotive software and how much money they'd be willing to spend on enhanced software functionality. Findings showed that despite seemingly constant headlines about automotive cybersecurity breaches, over a third of respondents are not concerned abo ... Continue reading

April Car Care Tips from AutoNation Keep Drivers Safe and Cars Running Smoothly

April Car Care Tips from AutoNation Keep Drivers Safe and Cars Running Smoothly

AutoNation recommends preparing a cost-effective emergency & car care preparedness kit to tuck into the center console or keep in the trunk. ... Continue reading

NADA Reflections: EV Not Ready for Prime Time

NADA Reflections: EV Not Ready for Prime Time

Despite the preoccupation with electric vehicles at the NADA Show, I've lost faith in them, for now. They are just not ready for prime time. ... Continue reading

Rivian Built 2,553 Vehicles in Q1 2022

Rivian Built 2,553 Vehicles in Q1 2022

IRVINE, Calif.--Rivian Automotive, Inc. today announced production totals for the quarter ending March 31, 2022. The company produced 2,553 vehicles at its manufacturing facility in Normal, Illinois and delivered 1,227 vehicles during the same period. ... Continue reading

Canoo EV Info Refresh

Canoo EV Info Refresh

Preorders for all vehicles open with a $100 reservation <img src= ... Continue reading

Significant Year-over-Year Market Share Gains for GM in Key Truck Segments April 1, 2022

Significant Year-over-Year Market Share Gains for GM in Key Truck Segments April 1, 2022

DETROIT – General Motors Co. sold 512,846 vehicles in the United States in the first quarter of 2022, with improved semiconductor supplies supporting higher production and market share in key truck segments. ... Continue reading

Biden Mandates The End Of Your Freedom Of Mobility To Save You Money WTF

Biden Mandates The End Of Your Freedom Of Mobility To Save You Money WTF

President Biden’s Executive Order 13990, Says New vehicles sold in the United States will have to travel an average of at least 40 miles per gallon of gasoline in 2026 under new rules unveiled Friday by the government. The National Highway Traffic Safety Administration said its fuel economy requirements will undo a r ... Continue reading

Car Brand Search Trends in the U.S.

Car Brand Search Trends in the U.S.

The United States is a world-leading car manufacturer, home to some of the most loved and recognizable brands, producing over 8.8 million vehicles a year. The country’s $82 billion automotive industry has also created a nation of car lovers. ... Continue reading

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