U.S. new-vehicle sales reported to Automotive News showed multiple double-digit gains and few losses in March as new tariffs set to go into effect starting April 3 are expected to raise prices. +
President Donald Trump levied new tariffs of 25% on goods imported from Canada and Mexico and 10% on imports from China with no exemptions for vehicles or auto parts. +
U.S. new light-duty vehicle sales rose to 15.7 million in 2024, a 2.5% year-over-year increase driven by big gains among certain brands, marques and types and capped by a 4.1 million-unit fourth quarter. +
Cooper Chevrolet Buick acquired GMC and Hyundai rooftops from neighboring Superior Automotive Group, creating a five-franchise collection now known as Cooper Auto Family. +
General Motors recalled over 461,000 vehicles to address critical transmission concerns. +
Fred Beans Automotive expanded with the purchase of three rooftops from Freysinger Automotive and a new “state-of-the-art” collision center. +
