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

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

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

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

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

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

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

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

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