Pinnacle Brokers Three Deals in Texas Pinnacle Mergers & Acquisitions recently completed multiple transactions in the Texas automotive market. South Austin Nissan and Baytown Nissan, both owned by Central Automotive Group and Hyundai of Silsbee�

DigitalDealer.com will host a webinar titled “DIY Search & Social Digital Audit For Car Dealers” on Sept. 10 at 2:30 p.m. featuring Dealers United’s Justin Friend and Dale Hewitt. The webinar will provides a step-by-step guide on how to eva

The recently released American Customer Satisfaction Index (ACSI) Automobile Study 2024 found satisfaction with both mass-market (79) and luxury (81) segments is unchanged from the year before, while the smaller brands that comprise the “all others

Ford Motor Co. is canceling plans for a fully electric sport utility vehicle in a shift that may cost the carmaker around $1.9 billion. In addition to scrapping already delayed all-electric three-row SUV, Ford announced on Aug. 21 it will further pos

CDK Global will pay $100 million to settle a class action by auto dealerships claiming they overpaid for the company’s dealer management systems. Lawyers representing a class of thousands of dealers filed the proposed settlement on Aug. 16 in Chi

One of the largest U.S. automotive groups is facing action from the federal government due to alleged discriminatory practices. On Aug. 15, the Federal Trade Commission (FTC) has filed an administrative complaint, against Asbury Automotive due to all

Net pretax profit for the average franchised store slid 33.4 percent through the first half of 2024 compared to a year ago—one percentage point more than the profit decline for the previous three months. That is according to the recently released P

The Reynolds and Reynolds Company recently acquired TSD Mobility Solutions, a leader in fleet management software and services. TSD designs and develops fleet mobility solutions for dealerships, manufacturers, public automotive groups, and rental car

For the 10th consecutive month, new-vehicle prices were lower year-over-year in July as Kelley Blue Book (KBB) analysts noted higher inventory levels and higher incentives have shifted the U.S. auto market to favor buyers. The average transaction pr