A new report from Halcyon finds ransomware attacks now account for 44% of all reported cyber incidents after more than doubling in frequency last year. +
New Country Motor Car Group executives say they are in luxury dealership acquisition mode despite the sale of three New York Metro franchises to Keeler Motor Car. +
Ohio’s Midwestern Auto Group and its 14 mostly premium and luxury franchises have been acquired by the Jeff Wyler Automotive Family in a “historic” deal brokered by Dave Cantin Group. +
Sonic Automotive has become the nation’s largest-volume Jaguar Land Rover retailer with the acquisition of four California dealerships from US Auto Trust. +
Lexus and Nissan models lead J.D. Power’s latest Initial Quality Study as buyers of all brands express growing frustration with touchscreen-powered infotainment systems. +
Reynolds and Reynolds reports sales retention ticked up to nearly 44% in 2024 despite the fact that 24 of 38 brands saw a decrease in repeat buyers, including one that finished in the single digits. +
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. +
The Nissan Titan, Ford Edge and Chevrolet Camaro are among the highest-profile and longest-serving models that have ceased production or won’t last past the 2025 model year. +
Jaguar is recalling the 2019 I-Pace EV due to battery fire concerns, urging owners to park outdoors as a precaution until a fix is announced. +
