While a majority of car owners still choose independent repair facilities and car service chains, fixed operations at dealerships continues to make in-roads, according to CDK’s Service Shopper 4.0 study. In a survey of over 2,000 customers who had

Gubagoo has partnered with all U.S.-based Audi dealers for modern chat and digital retailing tools to enhance sales and performance, as well as elevate the customer experience both online and in-store, according to company officials. As part of the A

A recent AppraisalPRO’s nationwide survey found that consumers are not always being forthright about the conditions of the car before they sell it. The report disclosed that nearly one in five American car owners admit the last car they sold had se

Victory Automotive Group Purchases California Dealership The Tim Lamb Group recently brokered the sale of Harvey Auto Group’s San Leandro Mazda dealership to the Victory Automotive Group. The deal, finalized Oct. 21, is Victory’s 53rd store in th

A new report found a growing number of Americans with auto loans owe more than their cars are currently worth, according to data from Edmunds. According to the company’s research, more than one in five consumers with negative equity owe more th

Sales volume in October is anticipated to jump 10 percent compared to the month previous and 7.9 percent higher then October 2023, with Cox Automotive officials saying the increase is primarily due to the differences in the number of selling days. As

Kerrigan Advisors made three blue sky multiple adjustments, increasing the blue sky multiple for Mazda and decreasing the multiples for Chrysler, Dodge, Jeep, Ram (CDJR) and Nissan in their most recent report. For the second quarter of 2024, Kerrigan

The decline in profitability for the typical U.S. dealership appears to be leveling off, according to the recently released Presidio-NCM Average Dealership Performance Benchmark report. Through September, net pretax profit for the average franchised

NADA Board Elects Florida Dealer Tom Castriota as 2025 Chairman The National Automobile Dealers Association (NADA) has elected Tom Castriota as its 2025 chairman. Castriota, owner of Castriota Chevrolet in Hudson, FL, will succeed Gary Gilchrist, pr