Auto Retail News
Posts
Dealer/GM News
FTC Files Reply to NADA’s Lawsuit on CARS Act
Last month, the Federal Trade Commission (FTC) filed its 97 page brief in opposition to the legal challenge to the Combating Auto Retail Scams Rule (CARS Rule) filed by National Automobile Dealers Association (NADA) and Texas Automobile Dealers Assoc
Jun 4, 2024
Posts
Dealer Ops & Leadership
What The Q1 Inventory Management Data Means For Today’s Successful Auto Retailers
Inventory management remains critical for auto retailers today in determining profitability, customer satisfaction, and operational efficiency. The traditional methods of inventory management, reliant on manual processes and intuition, are proving in
Jun 4, 2024
Posts
Dealer/GM News
Haig: Auto Dealership Buy-Sell Volume Sets Record in Q1 2024
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
Jun 3, 2024
Posts
Dealer Ops & Leadership
Dealer Magazine: He Who Is Faithful with Little Will Be Entrusted with Much!
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
Jun 3, 2024
Posts
Dealer Ops & Leadership
Spotlight on…. QoreAI
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 31, 2024
Posts
Sales & Variable Ops
May New Light-Vehicle Sales up 7% from a Month Earlier: S&P
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
May 30, 2024
Posts
Dealer/GM News
Gosch Auto Group, Keeler Automotive Holdings, Moffitt Automotive, Family Car Group: Dealership Sales Roundup
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
May 30, 2024
Posts
Digital Dealer
“A Next-Level Experience:” Top Highlights from DealerPoint 2024
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
May 29, 2024
Posts
Dealer/GM News
Oakes Auto Sues Mitsubishi for $6M
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
May 29, 2024