Category: Dealer
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Costly fuel looms on push for bigger oil dealer profits
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Kenyans are set to pay an extra Sh4.45 per litre of fuel if a proposal in a study commissioned by the Energy Regulatory Authority is adopted, raising concerns about pressure on cost-of-living measures. The study by consultants Corrent Technologies and Channel Consulting Limited proposes increasing margins offered to oil marketing…
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Tesla’s California registrations plunge three quarters in a row, dealer data shows By Reuters
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(Reuters) – Tesla Inc. (NASDAQ:) vehicle registrations in California fell for a third straight quarter in the April-June period, pointing to growing challenges facing the electric car maker, according to a report from the California New Car Dealers Association on Thursday. High interest rates and intense competition have reduced demand…
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CDK dealer software unlikely to be restored before June end, memo says By Reuters
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Written by Nora Eckert and Nathan Gomez (Reuters) – CDK Global (NASDAQ:) does not expect to restore the ongoing outage caused by a cyber attack in its dealer management software, which is used by dealers across the United States, before the end of the month, according to a memo seen…
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OneWater in talks to acquire rival boat dealer MarineMax – Bloomberg (NYSE:HZO)
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xbrchx/iStock via Getty Images One Water Marine (Nasdaq: Onew) is in discussions to buy its larger competitor MarineMax (New York Stock Exchange: Herzo) in an all-cash transaction. OneWater (ONEW) has made a $40 equity offer for MarineMax (HZO) and the combined company will be valued at $2.5 billion, including Debts,…