Auto Retail News

The method in which auto dealers acquire used inventory is rapidly changing. Historically reliant on auctions and trade-ins, a surging demand for pre-owned vehicles and persistent market scarcity are compelling dealers to aggressively purchase direct

After a stretch of decline from the massive peaks of the post-pandemic era, dealership profitability has not just recovered, it has blossomed. Franchised dealerships saw average net pretax profit climb an impressive 27.1 percent year over year in Q2

Digital Dealer Conference & Expo 2025 registration is open, and we want to individually focus on some of the biggest changes that are coming this year! At the forefront of our changes is ensuring attendees get a premiere Expo Hall experience. Thi

As a dealer, you’ve probably been told that having a strong presence on every social media platform is essential, and to some extent, that’s true. Each channel is often treated as a “must-have,” based on the belief that increased exposure lea

The wholesale used vehicle market has seen a slight price decrease in the first half of July, with adjusted prices falling 0.7 percent compared to June levels according to Cox Automotive. The non-adjusted price changes saw an even greater change, wit

As auto brands zigged toward an all-out EV marketing blitz starting in 2021, auto shoppers have zagged toward hybrids with stunning enthusiasm. By the end of 2024, electrified vehicles had reached 3.2 million total sales, good for 20 percent of all U

The Q2 2025 Vincensus Report paints a complex picture of the automotive market, one that has spent much of the year navigating affordability challenges and shifting consumer preferences. Compiled by Lotlinx using a dataset of over 24 billion inventor

As economic uncertainty continues to weigh on consumers, vehicle affordability is consistently a driving issue in the auto retail sector. High interest rates, lingering inflation, and constrained supply chains have converged to create a complex marke

There is a growing divide between auto dealers and car buyers. According to a recent study by Urban Science and The Harris Poll, while many dealers remain optimistic about the current state of the auto market, buyers are showing much more hesitation,