Auto Retail News
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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
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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
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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
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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
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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
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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
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Sales & Marketing
Key Tactics to Elevate Your Dealership’s Online Reputation
A positive online presence can significantly impact a dealership’s ability to attract and retain customers, directly influencing its overall success and growth. Furthermore, according to Cox Automotive, more than half of today’s car shopp
May 17, 2024
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Dealer/GM News
New-Vehicle Prices Rise for First Time in 2024: KBB
The price for new vehicles increased for the first time in 2024, according to a Kelly Blue Book (KBB) estimate released May 14. The average transaction prices (ATPs) for April is expected to increase by 2.2 percent to $48,510, the highest price since
May 16, 2024
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Dealer/GM News
Dennis & Co. Auto Group, Steve Marshall Group, Performance Lexus of Northern Kentucky, America’s Car-Mart: Dealership Sales Roundup
Dennis & Co., Kyle Busch Purchas New Jersey Dealership Dennis & Co. Auto Group expanded its dealership network by purchasing New Jersey-based Hawthorne Chevrolet, fueled by a partnership with NASCAR Cup Champion. “We are excited to add a t
May 16, 2024