Auto Retail News

In the first six weeks of 2024, CDK has announced multi-year renewal with four dealerships that have dealerships in 20 states across the U.S. The first deal announced on Jan. 7 was an agreement Findlay Automotive Group, one of the largest privately h

The UK automotive industry operates within a complex regulatory landscape, where compliance is no longer an afterthought but a critical factor for success. From stringent data protection laws to evolving financial regulations, dealerships face increa

Georgica Auto Holdings Acquires Dealership from Group 1 Georgica Auto Holdings (GAH) has acquired Kolb Subaru, a dealership in Orangeburg, NY, from Group 1 Automotive. The addition of Kolb Subaru expands GAH’s footprint in the Northeast and is

The automotive industry is undergoing a huge transformation as this rise of software-defined vehicles (SDVs) and connected mobility drives OEMs to adopt more tech-driven strategies. This rise in SDVs is currently set to create over $650 billion in va

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

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

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

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

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