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Penske Automotive Group (PAG) is a transportation services company headquartered in Bloomfield Hills, Michigan.It operates automotive and commercial truck dealers principally in the United States, Canada, and Western Europe, and distributes commercial vehicles, engines, power systems, and related parts and services principally in Australia and New Zealand.
CarGurus, Inc. is a Boston, Massachusetts-based automotive research and shopping website that assists users in comparing local listings for used and new cars, and contacting sellers. [ 1 ] [ 2 ] History
Autotrader.com, Inc. is an American online marketplace for car buyers and sellers, founded in 1997. It aggregates new, used, and certified second-hand cars from dealers and private sellers. The site also provides users with automotive reviews, shopping advice, and comparison tools for car financing and insurance information . [ 1 ]
WASHINGTON/DETROIT (Reuters) -Michigan Governor Gretchen Whitmer warned on Wednesday that potential 25% tariffs on imports from Mexico and Canada suggested by President-elect Donald Trump could ...
MichAuto started as a grassroot initiative in 2007 to promote and retain the auto industry when it was on the precipice of an economic meltdown.
A car dealer orders vehicles from the manufacturer for inventory and pays interest (called flooring or floor planning). Dealer holdbacks are a system of payments made by manufacturers to their dealers. [5] The holdback payments assist the dealer's ability to stock their inventory of vehicles and improve the profitability of dealers.