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Conference & Expo: October 14 -15, 2025
DealerPoint: 2026 Dates Coming Soon!

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Auto Dealership Profitability Improved at End of 2024

Auto dealerships are approaching a new normal likely to be characterized by higher overall profitability with a store’s brand and geography as differentiating factors, according to full-year 2024 data from the Presidio-NCM Average Dealership Perfor
Feb 28, 2025

Van Horn Automobile Group, Jim Shorkey Auto Group, #1 Cochran Automotive Group, Tony T Automotive Group: Dealership Deals

Van Horn Automobile Group Sells Two New Iowa Dealerships Van Horn Automobile Group has sold Van Horn Ford and Van Horn Chevrolet in Newhall, IA. The stores will be renamed Sky Ford and Sky Chevrolet. Jeff Niesen, president of the Wisconsin-based
Feb 27, 2025

Tekion Looks to Expand with Ken Garff, Asbury Automotive

Tekion recently announced two key agreements as it looks to grow its foothold at dealerships in the U.S. Offering a cloud-native platform serving the entire automotive retail ecosystem, it recently announced a new partnership with Ken Garff Automoti
Feb 26, 2025

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

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

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

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

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

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