Lithia & Driveway Sells California Dealership Lithia & Driveway has sold its Carson (CA) Nissan dealership to David Massoudi of Mass Auto Group. Lithia & Driveway, started in 1946, became a publicly traded company in 1996 and was the top

Two of Japan’s leading auto manufacturers are ending 2024 with news that would shake up the auto industry over next couple of years. Officials from Honda and Nissan confirmed on Dec. 23 the companies are in  talks to merge by 2026 that would creat

Service departments risk losing an average of $853,000 a year by failing to answer customer calls and schedule service appointments. That is one of the key finding in Numa’s 2024 Industry Trends in Auto Service & Repair report. The artificial i

Adoption of digitized contracting and documentation workflows by auto retailers and lenders continues its upward trend, according to the Q3 Auto Finance Digital Transformation Index from Wolters Kluwer Compliance Solutions. While mostly unchanged at

Advantage Toyota and Ball Toyota of Charleston Sold Advantage Toyota and Ball Toyota of Charleston have been sold to Victory Automotive Group in a deal brokered by Haig Partners LLC. Advantage Toyota, now called Victory Toyota of Barboursville, was o

The auto dealership buy/sell market rose to another record high, with 330 dealership transactions representing 544 franchises sold completed in the first nine months of 2024, according to recent report from Kerrigan Advisors. The recently-released Th

Amazon Autos is live. Started last week, consumers in 48 U.S. cities were able to browse, order, finance, and schedule pickup of a new Hyundai vehicle from their local participating dealer directly on Amazon. The kickoff comes a year after the online

Dealers are increasingly optimistic about the future now that the 2024 Presidential election is over, according to the Q4 2024 Cox Automotive Dealer Sentiment Index (CADSI). The latest survey, conducted immediately following the national election in

As sales for Infiniti’s continue a decade long decline, some dealers looking to keep their doors open are being approved for a joint location with Nissan stores. According to recent published reports, an Infiniti dealership sells approximately 24