Toyota sales up 28% in October; Volume rose 7% at Hyundai, and 12% to 58,276 -- an October record -- at Kia, behind higher demand for EVs and healthy retail sales.
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| |  | | | Wednesday, November 02, 2022 | | | | | | | | Subscribe today to access our 11-week Future Product Pipeline series & save $34. | | | | | | | | | | | | | | | | Major factors are impacting the dealership buy/sell market. New pressure points and challenges are occurring both at the local and national dealership levels – creating opportunities for some and causing concern for others. | | | | Read More > | | | | | | | | | | Advertisement |
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| | | | | | | | | | | | | Of all the challenges the car industry has been presented with this past year, one particularly important issue has become a focus point — the new amendments to the Safeguards Rule. A part of the Gramm-Leach Bliley Act, this rule may affect the responsibilities that all dealerships must remain compliant with. | | | | Read More > | | | | | | | | | | | | | | Penske Automotive Group's president talks with Automotive News Publisher KC Crain from the Automotive News Retail Forum in Chicago. October sales look good for Toyota, Hyundai, and Kia. The UAW has its eye on GM’s battery joint venture. Plus, Tesla sends Chinese workers to California to boost production. LISTEN HERE >
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