Auto Retail News

U.S. dealership numbers rose in 2023, according to a recent report from Urban Science. Urban’s Automotive Franchise Activity Report (FAR) found at the end of last year there were 90 more dealerships in the U.S. compared to year-end 2022—18,347 in

Carvana posted its first-ever annual profit on Feb. 22 in the aftermath of a deal with bondholders last year to cut its outstanding debt by $1 billion. The company forecast an adjusted core profit for the first quarter “significantly above” $100

Celebrations are in full swing at Ken Garff Automotive Group as Keylee Melling won a 2024 Nissan Sentra at its “Threes for Keys” contest held during the Utah Jazz game held Feb. 22. The first female to win a Ken Garff car at the “Threes

As we look to tell the stories about people and the products that support auto dealerships, Digital Dealer shining the spotlight on companies that help dealers do their job more effectively. We recently interviewed Kevin Iden, President of Iden’s D

Digital Dealer’s inaugural DealerPoint event is fast approaching! DealerPoint (May 21-23, 2024, at the Rosen Shingle Creek resort in Orlando, FL) will bring together dealership decision-makers and auto retail solution providers for a VIP expe

Experian is looking to help stop fraudulent sales at auto dealerships right at the start of the transaction. The company’s Fraud Protect is a web-based application introduced last month that enables dealers to detect and prevent fraud while maintai

In the dynamic and competitive world of automotive dealerships, mastering the art of financial management is not just a necessity; it’s a critical factor for success and sustainability. The dealership landscape is marked by intricate financial

Cox Automotive and Kelley Blue Book revised the electric vehicle (EV) transaction price data in January to more accurately capture the expanding EV market. According to the revised analysis, the average price paid for a new electric vehicle in Janua

90125. No, it’s not a zip code. And, it’s not a television show. It was an album released by the prog-rock band Yes in November, 1983.  According to the website Songtell.com, “It Can Happen To You” is a song on that album which conveys a mes