With digital increasingly becoming the first contact in the sales funnel, a nationwide survey conducted for Impel found dealers continue to struggle with providing timely and complete responses to online shopper inquiries. Almost half of recent car b

Fertitta Automotive Group Buys Houston Chevrolet Dealership The owner of the Houston Rockets has purchased a Chevrolet dealership, his company’s first non-luxury car brand. Fertitta Automotive Group, a recently formed division by Tilman Fertitt

A recent Experian report found that leasing a car has risen over five percentage points in the last two years due to its flexibility and affordability concerns. The Illinois-based company’s State of the Automotive Finance Market Report: Q2 2024, fo

U.S. light-vehicle sales in September are forecast for a calendar-induced decline of approximately 12 percent year-over-year on a volume estimate of 1.18 million units, according to S&P Global Mobility. If correct, S&P officials see this as t

As part of the three-man keynote panel kicking off 2024 Digital Dealer Conference & Expo (#DDCE2024), Dealer Synergy’s Sean V. Bradley sees it as opportunity to set the tone for the show. “Digital Dealer is the preeminent digital conference i

Cox Automotive is projecting a double-digit dip in new-vehicle sales for September compared to the previous month and year. New-vehicle sales in September are projected to tumble more than 16 percent from August and 11 percent  from September 2023 a

The auto dealership buy/sell market experienced an all-time record in the first half of 2024, with 204 completed dealership transactions representing 381 franchises sold, according to the Second Quarter 2024 Blue Sky Report by Kerrigan Advisors. The

McGovern Automotive Group Expands into New Jersey McGovern Automotive Group (MAG) has taken over the Contemporary Motor Cars Mercedes-Benz dealership that will now be operating as Mercedes-Benz of Little Silver. This is MAG’s 31st dealership and

The average transaction price (ATP) for a new vehicle in the U.S. was dropped for 11th straight month and lower year over year, according to data released by Kelley Blue Book. The new-vehicle ATP in August was $47,870, lower by 0.6 percent compared t