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A New York-based dealer group has filed a $200 million lawsuit against Maserati, claiming that the OEM inflated sales numbers and rewarded dealers who participated in its illegal schemes.
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This month, same-store deliveries are up nearly 6 percent while new floor traffic beat out last year’s numbers by 24.7 percent. Based on the data, CNW expects sales to rise at least 8 percent.
Read More →Manufacturers offered an average of $4,162 in incentives per vehicle in February, while the average MSRP of vehicles sold this month rose 3.7 percent vs. last year.
Read More →December was an ideal month for manufacturers. Transaction price rose to record levels while incentive spending continued to fall, TrueCar reports.
Read More →NADA Chairman Bill Underriner warns automakers against intruding into dealers’ businesses with two-tier pricing and mandatory facility upgrades.
Read More →Higher transaction prices and lower incentive spending didn’t keep car buyers away from dealer lots, a positive sign for automakers and dealers.
Read More →Manufactures increased their incentive spend per vehicle by 3.9 percent in May. The increase comes one month after spending hit its lowest level in almost seven years.
Read More →Southeast Toyota Finance announced that U.S. military personnel will receive a $1,000 rebate when they lease or buy any new Scion model or a $500 rebate when they lease or buy any new Toyota.
Read More →The average transaction price for light vehicles in March jumped $1,977 from a year ago, while the average incentive was down 1.8 percent.
Read More →A study by Buycentives revealed that rebates and incentives continued to play a role in February auto sales.
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