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Dealer/GM News
Hyundai Commits to U.S. Manufacturing Expansion with $21B Investment
A new plant in Louisiana is the centerpiece of Hyundai’s $21 billion investment over the next three years in the U.S. that President Donald Trump promoted as a result of the effectiveness of his tariff economic policy. Hyundai officials made the an
Mar 26, 2025
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Dealer/GM News
NVIDIA Increases Foothold in Auto Industry with General Motors, Magna Deals
NVIDIA continues to make inroads in the automotive industry, announcing collaborations with one of Detroit’s Big 3 and a leader in the Canadian auto market. General Motors and NVIDIA will work together to build custom artificial intelligent (AI) sy
Mar 25, 2025
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Dealer/GM News
Dealership Buy/Sell Market Hits Record High in 2024: Kerrigan
The auto dealership buy/sell market has another record breaking year in 2024, rising 10 percent from the year before according to the recently released 2024 Annual Blue Sky Report by Kerrigan Advisors. For the year, 697 franchises were sold, the high
Mar 24, 2025
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Dealer/GM News
Federal Authorities Announce Arrests in Tesla Attacks as Elon Musk’s Political Influence Grows
The U.S. Justice Department (DOJ) arrested three individual responsible for the destruction of Tesla properties March 20, actions the Trump Administration has labeled as “domestic terrorism” with an investigation opened by the federal government
Mar 21, 2025
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Dealer/GM News
Bob Mayberry Hyundai, Castle Automotive Group, Walser Automotive Group, Swickard Auto Group: Dealership Deals
Bob Mayberry Hyundai Sold The Walters family has sold Bob Mayberry Hyundai in Monroe, N.C., to Pablo River Partners, a Jacksonville, FL-based investment firm.The transaction, finalized March 5 with The Presidio Group advising the Walters, marks the c
Mar 20, 2025
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Dealer/GM News
KBB: February New-Vehicle Prices Decrease from a Month Earlier
February’s new-vehicle average transaction price (ATP) was recorded at $48,039, a year-over-year gain of 1.0 percent but lower by 1.3 percent from January. According to Kelley Blue Book (KBB) officials, sales incentive levels were mostly flat month
Mar 18, 2025
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Dealer/GM News
EV Owner Satisfaction Improves But Uncertainties Create Challenges
After a decline in overall satisfaction in 2024, owners of both premium and mass market battery electric vehicles (EVs) are expressing a change of sentiment this year, according to the J.D. Power 2025 U.S. Electric Vehicle Experience (EVX) Ownership
Mar 17, 2025
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Dealer/GM News
Auto Dealers Expanding Mobile Service in 2025: Curbee
Looking to meet consumers’ expectations for convenience and improve dealership profits, U.S. auto dealers are primed to add mobile service in a big way in 2025, according to Curbee officials. Mobile service boosts customer loyalty to a dealership�
Mar 14, 2025
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Dealer/GM News
Cox Dealer Sentiment Index Improved, But Warning Signs Remain
While the first Cox Automotive Dealer Sentiment Index (CADSI) of 2025 showed a slight improvement in the first quarter compared to the fourth quarter of 2024, the survey was conducted before President Donald Trump’s tariff plan was announced. The U
Mar 13, 2025