Auto Retail News
Posts
Digital Dealer
Dealer Magazine: The Critical Conversations No Auto Business Family Can Ignore
Difficult conversations are a staple in any business. But in a family-run auto dealership, their frequency and intensity can be higher due to overlapping personal and professional lives. Avoiding these conversations often leads to brewing misundersta
May 28, 2024
Posts
Sales & Marketing
May New Car Sales Projected to Rise Nearly 3% from Last May: J.D. Power
Total new-vehicle sales for May 2024, including retail and non-retail transactions, are projected to reach 1,446,800 units, a 2.9 percent increase from May 2023 on a selling day adjusted basis, according to a joint forecast from J.D. Power and Global
May 24, 2024
Posts
Digital Dealer
Dealer Magazine: Interview with Rita Case of Rick Case Automotive Group
Dealer Magazine had the privilege of talking with Rita Case, who was named the 2024 TIME Dealer of the Year at the 2024 National Automotive Dealers Association (NADA) Show in Las Vegas in February. Case is president and chief executive officer of
May 24, 2024
Posts
Dealer/GM News
ZT Automotive, Paradise Motors, Fiskers, Mall Chevrolet: Dealership Sales Roundup
ZT Automotive Enters Alabama Market ZT Automotive has expanded to 13 dealerships and officially entered the Alabama market after completing a deal with Florida-based Greenway Automotive group. The acquisition includes brands such as Toyota, Honda, Ni
May 23, 2024
Posts
Dealer/GM News
Ford Tells Dealers They Can Delay EV Investments
Ford has told dealers they can pause capital investments related to selling electric vehicles (EV) until the company completes a review of its requirements. The automaker had set a June 30 deadline for dealers to invest in Level 2 EV charging station
May 22, 2024
Posts
Sales & Marketing
Inventory Continues to Increase at Auto Dealerships
As dealerships get ready for a big Memorial Day Weekend, they have plenty of cars on the lot to sell. According to Cox Automotive, brands with 100+ average days’ supply pulled the average days’ supply up two days at the start of May to 76 days An
May 22, 2024
Posts
Dealer/GM News
Urban Science: Auto Dealers Relevance Increases for Buyers
Urban Science recently released their annual 2024 Urban Science Dealership Transformation Index (DTI) shows improvement from the year before, especially with Gen Z consumers. The 2024 Urban Science DTI score overall stands at 56, up a percentage poin
May 21, 2024
Posts
Sales & Marketing
EV New Vehicle Price Remains Virtual Unchanged in April
Kelly Blue Book’s (KBB) estimates for electric vehicles (EV) sales forecast no marginal difference in April from the previous month. EV transaction prices in April were up roughly 0.1 percent at $55,252, an increase of only $75 from the prior month
May 20, 2024
Posts
Dealer Ops & Leadership
Reynolds Looks at What Dealers, Customer Want in Service Check-In
You never get a second chance to make a first impression—and a recent survey shows what dealers and customer are looking for from each other when it comes to this all-important initial interaction when it comes to the drop off for vehicle service.
May 17, 2024