Auto Retail News
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Dealer/GM News
Asbury Automotive Group to Purchase Herb Chambers Cos. For $1.3B
Asbury Automotive Group has signed a definitive agreement to acquire one of the largest private dealership group New England for $1.34 billion. Asbury announced on Feb. 18 reached a deal with The Herb Chambers Companies (HCC), the fourteenth largest
Feb 19, 2025
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Dealer Ops & Leadership
The End of the Auction Era: Why Direct-to-Consumer Inventory is Driving Dealership Growth
The automotive retail world is changing fast, and dealerships are under pressure to keep up with customer expectations while staying profitable. One big shift is the move to direct-to-consumer (DTC) inventory sourcing. By cutting out auctions and who
Feb 18, 2025
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Dealer/GM News
A Third of Middle-Class U.S. Households Plan to Buy Vehicles in 2025
A survey by financial services company Santander US found that a third of middle-income households making between $50,000 and $148,000 annually intend to buy a car this year. A number of those weighing whether to buy have started taking action. Abo
Feb 18, 2025
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Marketing & Advertising
How to Keep Your Dealership Ahead of the Competition in 2025
Competition has always been a significant challenge for dealerships, requiring more than just an impressive inventory to stay ahead. With more people expecting convenience, transparency, and value, dealerships must rethink their strategies and move b
Feb 17, 2025
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Dealer/GM News
Florida Dealers File Suit Against Scout Motors
Florida is the next battleground between franchised dealerships and automakers looking to sell directly to the consumer. Volkswagen and Audi dealers in the Sunshine State filed a lawsuit against Scout Motors that alleges its direct-sales model for ve
Feb 17, 2025
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Dealer Ops & Leadership
Dealer Magazine: Misguided Focus in Dealerships
Editor’s Note: This article was originally published in the January/February edition of Dealer magazine A word from Charlie Polston: “My friends, as you know I retired December 31, 2024 after 42 years in the automotive industry. I’m delighted t
Feb 14, 2025
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Dealer/GM News
Nissan, Honda End Merger Talks
Honda and Nissan officials were unable to reach an agreement to merger, ending talks that would have created one of the world’s largest automakers. In a joint statement released by Nissan, Honda and Mitsubishi Motors, the three companies “agreed
Feb 14, 2025
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Dealer Ops & Leadership
Dealer Magazine: 10 Things to Address Before Hiring an In-Law
Editor’s Note: This article was originally published in the January/February edition of Dealer magazine Bringing family into your dealership can be tricky. Adding an in-law to the mix? That’s next-level complicated. Between managing emotions, exp
Feb 13, 2025
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Dealer/GM News
New-Vehicle Prices Fall to Start 2025: KBB
The new-vehicle average transaction price (ATP) dropped 2.2 percent in January from the month before to $48,641, according to the monthly report from Kelley Blue Book (KBB). Sales incentives at $3,486 of ATP declined in January as well, dropping to a
Feb 13, 2025