49 dealers nominated for Time magazine award

Forty-nine U.S. auto dealers have been nominated by automotive trade associations for the 2017 Time Dealer of the Year award. The nominees were announced by Time and Ally Financial, the sponsor.

U.S. dealerships face evolution, not revolution, expert says

The typical U.S. car dealership will see evolution, but not revolution, over the next 10 years, says a consultant hired by the National Automobile Dealers Association to study the future of dealerships.

U.S. sales rebound, climb 3.6%; SAAR remains strong at 17.83 million
UPDATED: 12/1/16 7:03 pm ET - adds details

After three straight monthly dips, U.S. light-vehicle sales in November rose 3.6 percent from a year earlier, helped by more generous deals and

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Penske acquires used-only dealership group

Penske Automotive Group is adding used-only vehicle dealerships. The nation’s second-largest auto retailer has signed a deal to acquire CarSense, a stand-alone retailer of used vehicles with stores in Philadelphia, Pittsburgh and southern New Jersey.

VW: Losing streak ends; Audi rolls on

Volkswagen of America posted a 24 percent gain in November sales, breaking a yearlong streak of falling sales and signaling that the worst retail effects of its diesel emissions scandal may be over.

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