Indianapolis-area auto dealers selling to bigger groups
The local car dealerships Hoosiers have long visited when shopping to buy a set of wheels could bear new names in coming years as aging owners look to sell off their businesses.
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Online auto dealer Carvana to open 70-acre reconditioning center, create 200 jobs
Carvana got the green light to buy the land in the Mount Comfort area from struggling trucking company Celadon Group Inc., which last year abandoned plans to build a new headquarters there.
Fishers Imports to add dealership near Zionsville
The luxury, pre-owned car dealer says the new location will create more than 30 jobs and include a full service-and-parts department.
Supreme Court rules car-dealership service advisers don’t get overtime
The decision from the high court affects more than 100,000 advisers nationwide.
Vroom hits brakes on ambitious plans for central Indiana
Online auto retailer Vroom, which planned to hire more than 200 workers in central Indiana, has closed the massive fulfillment center it opened in Whitestown just more than two years ago.
Two former auto dealer employees convicted of racketeering
Two men who helped manage used-car dealerships in Indianapolis face up to 20 years in prison after being convicted on federal racketeering and fraud charges, U.S. Attorney Josh Minkler announced Wednesday.
Auto industry bracing for slight sales declines this year and next
Following seven years of growth in new-vehicle sales, U.S. consumers appear to be tapping the brakes—but the auto industry says the slowdown is not causing them concern.
Chicago-based chain acquires most of Butler Auto Group’s dealerships
Butler is keeping its Butler Toyota dealership, but has sold off its Kia, Hyundai, Fiat, Maserati and Alfa Romeo dealerships to a major regional chain that has rebranded the locations.
Automakers bounce back with strong sales in September
Strong monthly U.S. sales numbers confirmed expectations that a boost in sales from hurricane-ravaged Texas would push the industry to a September rebound.
Auto dealers remain boys clubs when it comes to employment
Even as women make or influence the majority of auto purchases in the United States, retailers have failed to attract and retain female employees, according to CDK Global, which advises dealerships on sales strategies.
U.S. auto sales drop for fifth straight month
Economic fundamentals all look good, but sales still are likely to fall this year because pent-up demand for new cars has been satisfied and many people have decided to keep their automobiles longer.
Prime north-side parcel on Keystone finally sells, despite access issues
The 12.5-acre tract has been acquired by a member of the car-dealing Wood family, but its intended use remains a mystery.
Ben & Ari’s closes in Fishers after 18 years in business
The owners of the popular miniature golf course, arcade and party-hosting facility have sold the property along busy State Road 37 to a buyer who plans to open a used-car business.
Tom Wood moving Toyota dealership to Whitestown
The company has acquired a 10-acre parcel near the southeast corner of Interstate 65 and Whitestown Parkway for $3.6 million, giving it 25 acres at the interchange for the new dealership.
‘Sisters of Savings’ sell Hare Chevrolet to national firm
But the dealership’s ubiquitous commercials won’t be going anywhere.
Black Friday deals helped lift U.S. auto sales in November
Black Friday deals — a relatively new phenomenon for the auto industry — are expected to pull November U.S. auto sales out of their recent slump.
Online car-sales company Carvana enters Indianapolis market
Since launching its service in Atlanta in late 2013, the company has been rapidly adding metro markets across the country.
Harley-Davidson moving from Carmel to Fishers, nearly doubling store size
Harley-Davidson plans to construct and open a 43,000-square-foot store in Fishers near State Road 37 and 126th Street in the Reynolds Industrial Park and close its existing north-side location.
The Interview Issue: Monica Peck and Courtney Cole
Noblesville natives Monica Peck and Courtney Cole became the sixth-generation owners of Hare Chevrolet when they bought it from their parents in 2008. Now, thanks in part to a snappy ad campaign, sales have nearly tripled. But their biggest battle has been off the lot: Cole is battling cancer.
Tesla would scale back Indiana operations under a legislative proposal
A Tesla executive said a proposal to prohibit direct-to-consumer auto sales would, if passed, prompt the company to make a U-turn with respect to expanding operations in the state.