VinFast has set a date to break ground for its first U.S. electric vehicle factory. The Vietnamese automaker said it will hold a groundbreaking ceremony July 28 at the Triangle Innovation Point in Chatham County, N.C. The 1,800-acre plant will be the first EV manufacturing facility in the state and is designed to reach a […] [Read More]

Over the past year, thefts of Hyundai and Kia vehicles have risen dramatically as a result of viral videos posted on various social media platforms. In response, CARFAX has partnered with those automakers to give consumers free detailed information about how they can better secure their vehicles. The automakers are offering consumers free steering wheel […] [Read More]

Alan Ram’s Proactive Training Solutions is bringing back its individual subscription service for auto dealership salespeople. The automotive sales and management training provider said it made the decision “due to strong demand from numerous auto dealerships.” Director of dealer engagement and training Susan Gaytan said reinstating individual subscriptions, which “Alan championed,” is a highlight of […] [Read More]

Dealer retailing system CarNow has joined with multiple service providers and dealer partners to donate $76,100 to The Make-A-Wish Foundation. The donation was raised in March at the second annual UNConference, an automotive leadership conference for dealerships and technology partners hosted at CarNow’s headquarters in Atlanta. “We are truly grateful for the incredible generosity shown […] [Read More]

Dealership buy-sell veteran Nate Klebacha has been named managing director of The Presidio Group LLC, an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors. Klebacha will focus on Presidio’s dealership mergers and acquisitions business. In his 20-year career, Klebacha has been involved […] [Read More]

Digital automotive marketplace CarGurus has appointed Manik Gupta, a 25-year veteran of the technology sector, to a newly created seat on its board of directors and audit committee. Gupta is currently corporate vice president of Microsoft Teams, which serves more than 300 million users among enterprises, small and medium businesses, consumers and the developer ecosystem. […] [Read More]

Findlay Subaru of Las Vegas been named Subaru Love Promise Retailer of the Year Award by Subaru of America, recognizing the retailer’s ongoing commitment and support to its local community. The eighth annual award honors the Subaru retailer that has shown significant commitment to its customers and community throughout the year, exemplifying the Subaru Love […] [Read More]

This week, Reynolds and Reynolds finalized the second F&I transaction of the year with the aide of Colonnade Securities and its fourth acquisition so far in 2023 with a used-vehicle connection. The latest move involves Reynolds acquiring Xzilon, a provider of protection products for vehicle’s interior and exterior. Xzilon offers exterior protection products (Carbon Ceramic […] [Read More]

Zeigler Automotive Group has acquired four dealerships in Holland, Mich., in a purchase of Elhart Automotive from Jeff Elhart. The dealerships have been renamed Zeigler Kia of Holland, Zeigler Nissan of Holland, Zeigler Hyundai of Holland and Zeigler GMC of Holland. The Kia dealership is the first in Zeigler’s portfolio. Zeigler, based in Kalamazoo, Mich., […] [Read More]

Flexcar and Mercedes-Benz — automotive companies with a strong presence in Atlanta — are working to strengthen their connection to the community through its professional sports teams. Flexcar, a Boston-based vehicle subscription service that began operating in Atlanta in 2021, announced a partnership with the Atlanta Braves. The deal features advertisements in Truist Park, the […] [Read More]