Auto Retail News

A quarterly report from Haig Partners LLC found that the first three months of 2024 sets a record for the highest number of dealerships bought or sold despite declining profits. An estimated 151 dealerships were bought or sold in January, February an

Editor’s Note: This article was originally published in the May/June edition of Dealer magazine A parable: A successful car dealer had ten mid-sized buy-here-pay-here used car lots. He called ten of his employees and gave them each one of the u

As we look to tell the stories about people and the products that support auto dealerships, Digital Dealer is shining the spotlight on companies that help dealers do their job more effectively. We recently interviewed Todd Smith, CEO of QoreAI, refle

May is looking to be a good month for auto dealers as sales are projected to increase from last month as well a year ago. S&P Global Mobility projects new U.S. light vehicle sales volume in May to reach 1.4 million units—up approximately 7 per

California-based Gosch Toyota Sold Kerrigan Advisors represented California-based Gosch Auto Group in the sale of Gosch Toyota to Kevin Naderi, general manager of Toyota of Hemet. Gosch Toyota dealership is located in the Hemet Auto Mall, a high-volu

Digital Dealer’s inaugural DealerPoint event took place in Orlando, May 21-23, 2024, bringing dealership attendees and auto retail solution providers together for an unparalleled experience. Powered by a high degree of matchmaking, DealerPoint

Mitsubishi is being sued by a dealership in Missouri for after the company blocked the sale of the dealership. Oakes Auto of Kansas City has reportedly filed a multimillion-dollar lawsuit against Mitsubishi Motors North America. The suit lists six cl

Have you noticed the widening gap between reality, the truth, and what the government, the industry press and the manufacturers are telling us? I’ve always prided myself on being one of the most accurate future forecasters in the industry. My track

It is not just you—Americans are indeed holding on longer to their cars. A recent report from S&P Global Mobility found the average age of cars and light trucks in the United States has risen to record 12.6 years in 2024, up by two months over