A Perfect Storm of Technology and Financial Factors Are Inducing Many Small Dealerships to...
According to the Wall Street Journal, certain factors such as ridesharing, Internet shopping, and self-driving cars are threatening the traditional small business dealership owner model.
Mercedes Announces Pilot Subscription Service
Earlier this week, Mercedes-Benz USA and Mercedes-Benz Financial Services USA LLC announced plans to launch Mercedes-Benz Collection, a luxury subscription service that will allow customers to switch in and out of vehicles depending on their “needs and lifestyles.”
Tesla’s Model 3 Production Shutdown Mystery Furthered by Curious Social Media Posts
It would appear that production hiccups have occurred in Tesla’s Fremont, California assembly line, where work on the company’s new Model 3 electric sedan has been temporarily shut down for the second time since late February.
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Heads Up: New Tax Laws Impacting Automotive Dealers
The provisions of the Act provides many opportunities and some pitfalls. More than ever, owners of automobile dealerships need to consult their tax advisers to understand both the business and personal implications of the new tax laws.
