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.
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.
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.
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.
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.
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.
The 12.5-acre tract has been acquired by a member of the car-dealing Wood family, but its intended use remains a mystery.
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.
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.
But the dealership’s ubiquitous commercials won’t be going anywhere.
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.
Since launching its service in Atlanta in late 2013, the company has been rapidly adding metro markets across the country.
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.
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.
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.
After eight years selling vehicles at a downtown Lafayette Ford dealership in the 1950s and ’60s, Bob Rohrman motored out on his own with a single used-car dealership on a gravel lot on Sagamore Parkway. Rohrman hasn’t looked in his rearview mirror since.
Volvo Trucks North America had requested that the verdict be thrown out, arguing that “no reasonable jury could award damages” based on the evidence presented at trial.
Andy Mohr Automotive Group has agreed to pay about $1.3 million to buy 17.6 acres of land from the Indianapolis Airport Authority at Interstate 465 and West Washington Street for a new dealership.
An automobile dealer is giving $1.5 million to replace the bleachers at a local high school's football stadium that have been closed off because of safety concerns.
The state on Thursday filed suit against four former auto dealers, including three that were based in the Indianapolis area.
