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Doggett Buys Five More Dealerships in Texas

Doggett Automotive Group is continuing its expansion into the automotive dealership business. The Texas-based company acquired five dealerships known as the Mike Smith Auto Complex in Beaumont, TX, on Feb. 5. The dealership portfolio obtained in thi
Feb 8, 2024

Ed Morse Automotive Group Expands into Arizona

The Ed Morse Automotive Group is expanding again. The Florida-based automotive dealership announced on Feb. 6 that it has acquired seven dealerships from Lawley Automotive Group in Sierra Vista, AZ. The dealerships involved in the transaction include
Feb 7, 2024

Garff Kia Breaks Ground on Dealership Remodel in Phoenix

Ken Garff Kia Bell Road commemorate the groundbreaking of its dealership remodel in Phoenix. The Jan. 25 event commenced the remodel of the interior and exterior of the 40,000-square-foot dealership. The $5 million project will add 3,000-square-feet
Feb 6, 2024

6 Observations From The 2024 NADA Convention in Las Vegas

LAS VEGAS, NV— The National Automobile Dealers Association (NADA) held their yearly convention from Feb. 1-4 at the Las Vegas Convention Center. The trade organization representing nearly 16,500 franchised new car and truck dealerships presented fo
Feb 5, 2024

Auto Brand Retention Grew in 2023: Reynolds and Reynolds

Brand retention at auto dealers nationwide was up in 2023 to 43.7%, according to an annual report released by Reynolds and Reynolds. The 2024 Automotive Brand Retention and Defection Report is derived from finalized deals for new and used vehicles th
Feb 1, 2024

January U.S Sales Expected to Show Gains as Cox Predicts a Return to Normal in 2024

Car sales for for the first month of 2024 are expected show gains compared to a year earlier when sales figures are announced, according to officials at Cox Automotive. The January sales data falls in line with Cox’s 2024 prediction of a year retur
Jan 31, 2024

Call from EV Voice of the Customer to Slow Mandates Continues to Grow

As car dealers gather this week for the annual National Auto Dealer Association (NADA) meeting in Las Vegas, the EV Voice of the Customer is again urging President Joe Biden to slow down federal electric vehicle (EV) mandates. EV Voice of the Custome
Jan 29, 2024

FTC Will Await Legal Challenges Before Enforcing CARS Rule

The Federal Trade Commission (FTC) issued an order Jan. 18 postponing the effective date of the Combatting Auto Retail Scams (CARS) Rule as a legal challenge makes it way through the courts. The CARS Rules will require up-front pricing in dealersR
Jan 22, 2024

Consumer Satisfaction With Auto Dealers Jumped 8% Last Year

A new survey shows car buyers are increasingly happy with their dealers at a seven out of ten rate. Cox Automotive’s annual Car Buyer Journey (CBJ) Study released Jan. 17 revealed satisfaction with the overall vehicle shopping and buying experience
Jan 19, 2024