Auto Retail News

Phoenix, AZ and Ottawa, ON – June 5, 2024 – In a strategic move to address the rising threat of vehicle theft affecting dealerships and consumers across Canada, the Canadian Automobile Dealers Association (CADA) and Kudelski IoT are proud to ann

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

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

NEW YORK – Using its new AI-powered data-mining software, retail automotive advisory firm Dave Cantin Group (DCG) can now provide accurate, reliable data-driven valuations for any new car dealership in the United States, regardless of brand, locati

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

Open Lending Corporation, an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, released its second annual Lending Enablement Benchmark Report. Report findings reveal that traditional method

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 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

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