Auto Retail News

The average price of a used car rose $100 in March according to CARFAX’s Used Car Index. This comes as a combination of seasonal trends and incoming tariffs drove sales to more than double what they were a year ago. “We expect this surge in car p

As streaming services grow, more car dealerships are tapping into this underutilized ad channel. But to maximize ROI, they must first nail the basics. Here’s how dealerships can use streaming ads to boost sales and brand awareness. Start with the F

DealerPoint returned to the Hyatt Regency Grand Cypress Resort in Orlando, FL on April 9-11 and hosted dealership attendees and vendors for a VIP networking experience. Attendees were treated to 1:1 private meetings and boardroom presentations to hel

Tom Gill Acquires Buick GMC Dealership in Ohio Fiehrer Buick GMC in Hamilton, OH, has been sold to Tom Gill in a deal brokered by Performance Brokerage Services. Fiehrer Buick GMC has been serving the community since 1932. Performance’s Mark Shacke

The automotive industry is facing major disruption after the U.S. introduced 25% tariffs on imported vehicles and car parts. While the goal of the policy is to boost domestic manufacturing in the long run, the immediate effects have been swift and wi

Auto lenders may face an increased risk of fraud in 2025. According to Point Predictive’s Auto Lending Fraud Trends Report there was an estimated $9.2 billion in fraud loss exposure in 2024, the highest amount ever measured. This estimation represe

As used vehicle margins tighten, the spotlight is squarely on appraisals. Getting the money right at this stage has never been more important—or possible thanks to the data-rich environment dealers now operate in. Dealership leaders have long sough

New-vehicle average transaction prices (ATPs) remained relatively stable in March according to Kelley Blue Book’s March 2025 report. In fact, the prices decreased slightly from February, despite the looming impact of tariffs. The report comes a

It’s no secret: profitability is the primary goal of all business ventures. All parties want to complete the transaction feeling like they’ve negotiated a great deal. If you are thinking of growing your dealership portfolio through acquisition, y