Auto Retail News

Kerrigan Advisors made three blue sky multiple adjustments, increasing the blue sky multiple for Mazda and decreasing the multiples for Chrysler, Dodge, Jeep, Ram (CDJR) and Nissan in their most recent report. For the second quarter of 2024, Kerrigan

As we inch closer to the end of 2024, auto dealers are seeing several shifts and developments that will shape their vehicle inventory levels and marketing strategies through the remainder of the year. With inventory levels rising and more car buyers

Star Performance Marketing, a top ten U.S. automotive digital marketing and advertising services agency, is pleased to announce the appointment of Rob Mancuso as Vice President Midwest. In this role, Mancuso will oversee the company’s expansion int

The decline in profitability for the typical U.S. dealership appears to be leveling off, according to the recently released Presidio-NCM Average Dealership Performance Benchmark report. Through September, net pretax profit for the average franchised

As we approach 2025, auto lenders are keeping a close eye on the reduction of interest rates. With economic forecasts indicating additional rate reductions following the Fed’s recent decision to begin lowering, the auto finance industry is preparin

The Reynolds and Reynolds Company has launched Spark AI, an artificial intelligence (AI) data layer that powers all Reynolds AI products. Spark AI eliminates silos created by AI tools and provides a broader data set, resulting in smarter tools. The c

NADA Board Elects Florida Dealer Tom Castriota as 2025 Chairman The National Automobile Dealers Association (NADA) has elected Tom Castriota as its 2025 chairman. Castriota, owner of Castriota Chevrolet in Hudson, FL, will succeed Gary Gilchrist, pr

In today’s fast-paced automotive industry, car dealerships are under immense pressure to streamline operations, deliver exceptional customer experiences and stay ahead of the competition. The adoption of digital solutions offers a powerful way

Dealer Image Pro, a leader in dealership photography and visual merchandising, is proud to announce a strategic partnership with WheelsTV. This collaboration integrates advanced video content into Dealer Image Pro’s high-resolution image viewer on