Auto Retail News

Ken Garff Kia Bell Road commemorate the groundbreaking of its dealership remodel in Phoenix. The Jan. 25 event commenced the remodel of the interior and exterior of the 40,000-square-foot dealership. The $5 million project will add 3,000-square-feet

LAS VEGAS, NV— The National Automobile Dealers Association (NADA) held their yearly convention from Feb. 1-4 at the Las Vegas Convention Center. The trade organization representing nearly 16,500 franchised new car and truck dealerships presented fo

Most dealership service drives are a massive beehive of activity—a constant, never-ending churning of machines and humanity. It’s not necessarily a bad thing, it’s just the world automotive professionals live in. So, if you’re not ready, you�

Safeguards Rule as compliance officers and auditors tasked with this very job are being sent across the country right now. For dealers, staying in compliance can be an overwhelming and costly endeavor, requiring a complex suite of information technol

The average transaction price for a new vehicle in January is $48,759, a more than $10,000 spike from just five years ago, according to Cox Automotive. Surprisingly, luxury vehicle prices have dropped 7.4% compared with a year ago, an anomaly driven

Brand retention at auto dealers nationwide was up in 2023 to 43.7%, according to an annual report released by Reynolds and Reynolds. The 2024 Automotive Brand Retention and Defection Report is derived from finalized deals for new and used vehicles th

Car sales for for the first month of 2024 are expected show gains compared to a year earlier when sales figures are announced, according to officials at Cox Automotive. The January sales data falls in line with Cox’s 2024 prediction of a year retur

And today, a message in Latin about “threes.” Omne trium perfectum conveys “everything that comes in threes is perfect.” In other words, pay attention when things come in threes. As humans, we recognize things and process information

In the car business our turnover is out of control. There are many reasons but the one I want to address here is compensation of sales professionals. I am going to discuss the problem and offer some thought-starters as to possible solutions. One of t