Auto Retail News

The service department plays a supportive role in sustaining dealership profitability alongside sales and other services. According to the National Automobile Dealers Association (NADA), dealership service and parts sales amounted to an impressive $1

Former founder of ACV Auctions Joe Neiman recently announced the debut of his latest creation, DealerClub, the first and only reputation-based auto auction platform for buying and selling wholesale vehicles. An exclusive marketplace for professionals

Victory Automotive Group Purchases California Dealership The Tim Lamb Group recently brokered the sale of Harvey Auto Group’s San Leandro Mazda dealership to the Victory Automotive Group. The deal, finalized Oct. 21, is Victory’s 53rd store in th

Haptic technologies deliver feedback through the sense of touch, from simple vibration alerts all the way to immersive tactile interactions. In 2024, the largest market for haptics is in smartphones, but as the smartphone market stagnates, the indust

CarGurus, the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles, launched a new campaign with NFL legend Drew Brees focused on helping today’s drivers feel even more confident and prepared during the car bu

A new report found a growing number of Americans with auto loans owe more than their cars are currently worth, according to data from Edmunds. According to the company’s research, more than one in five consumers with negative equity owe more th

Innovations in technology can be both exciting and intimidating as new breakthroughs gradually develop throughout society. Mobile phones are one of the most important innovations of the 21st century, enhancing communication while eventually evolving

automotiveMastermind, the automotive industry’s trusted data and technology provider, has promoted Jeremy Carter from vice president of business operations to chief operating officer, effective October 2024. This role is critical to the organizatio

Sales volume in October is anticipated to jump 10 percent compared to the month previous and 7.9 percent higher then October 2023, with Cox Automotive officials saying the increase is primarily due to the differences in the number of selling days. As