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Dealer/GM News
Reasons to Attend DealerPoint from a Returning Dealership
For Nick Easterling, he is coming back to DealerPoint due to its unique approach to industry events that works well for the needs of the Paul Miller Motor Company. “It provides me an opportunity to hear from companies I might not seek out otherwis
Feb 25, 2025
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Dealer/GM News
Data Gaps Holding Back Auto Dealerships: eLEND Survey
Auto dealerships are experiencing data gaps between the core systems that run their dealerships, according to automotive FinTech company eLEND Solutions. The vast majority of dealerships who responded to the survey noted upgrading their systems—cus
Feb 24, 2025
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Dealer/GM News
CDK Extends Relationship with Four Dealerships
In the first six weeks of 2024, CDK has announced multi-year renewal with four dealerships that have dealerships in 20 states across the U.S. The first deal announced on Jan. 7 was an agreement Findlay Automotive Group, one of the largest privately h
Feb 21, 2025
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Dealer/GM News
Georgica Auto Holdings, Catskill Automotive Partners, Chico Mazda & Volkswagen, Grubbs Family of Dealerships: Dealership Deals
Georgica Auto Holdings Acquires Dealership from Group 1 Georgica Auto Holdings (GAH) has acquired Kolb Subaru, a dealership in Orangeburg, NY, from Group 1 Automotive. The addition of Kolb Subaru expands GAH’s footprint in the Northeast and is
Feb 20, 2025
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Dealer/GM News
Asbury Automotive Group to Purchase Herb Chambers Cos. For $1.3B
Asbury Automotive Group has signed a definitive agreement to acquire one of the largest private dealership group New England for $1.34 billion. Asbury announced on Feb. 18 reached a deal with The Herb Chambers Companies (HCC), the fourteenth largest
Feb 19, 2025
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Dealer/GM News
A Third of Middle-Class U.S. Households Plan to Buy Vehicles in 2025
A survey by financial services company Santander US found that a third of middle-income households making between $50,000 and $148,000 annually intend to buy a car this year. A number of those weighing whether to buy have started taking action. Abo
Feb 18, 2025
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Dealer/GM News
Florida Dealers File Suit Against Scout Motors
Florida is the next battleground between franchised dealerships and automakers looking to sell directly to the consumer. Volkswagen and Audi dealers in the Sunshine State filed a lawsuit against Scout Motors that alleges its direct-sales model for ve
Feb 17, 2025
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Dealer/GM News
Nissan, Honda End Merger Talks
Honda and Nissan officials were unable to reach an agreement to merger, ending talks that would have created one of the world’s largest automakers. In a joint statement released by Nissan, Honda and Mitsubishi Motors, the three companies “agreed
Feb 14, 2025
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Dealer/GM News
New-Vehicle Prices Fall to Start 2025: KBB
The new-vehicle average transaction price (ATP) dropped 2.2 percent in January from the month before to $48,641, according to the monthly report from Kelley Blue Book (KBB). Sales incentives at $3,486 of ATP declined in January as well, dropping to a
Feb 13, 2025