Tom Gill Acquires Buick GMC Dealership in Ohio Fiehrer Buick GMC in Hamilton, OH, has been sold to Tom Gill in a deal brokered by Performance Brokerage Services. Fiehrer Buick GMC has been serving the community since 1932. Performance’s Mark Shacke

The automotive industry is facing major disruption after the U.S. introduced 25% tariffs on imported vehicles and car parts. While the goal of the policy is to boost domestic manufacturing in the long run, the immediate effects have been swift and wi

Auto lenders may face an increased risk of fraud in 2025. According to Point Predictive’s Auto Lending Fraud Trends Report there was an estimated $9.2 billion in fraud loss exposure in 2024, the highest amount ever measured. This estimation represe

As used vehicle margins tighten, the spotlight is squarely on appraisals. Getting the money right at this stage has never been more important—or possible thanks to the data-rich environment dealers now operate in. Dealership leaders have long sough

New-vehicle average transaction prices (ATPs) remained relatively stable in March according to Kelley Blue Book’s March 2025 report. In fact, the prices decreased slightly from February, despite the looming impact of tariffs. The report comes a

It’s no secret: profitability is the primary goal of all business ventures. All parties want to complete the transaction feeling like they’ve negotiated a great deal. If you are thinking of growing your dealership portfolio through acquisition, y

Used retail sales were up 9 percent in March, hitting 1.66 million vehicles sold according to the Cox Automotive analysis of vAuto Live Market View data. This is an increase from the 1.52 million reported in February and the largest monthly amount

Here’s what’s happening in the automotive industry this week as automotive tariffs continue to shape the landscape. BMW Plans to Expand Spartanburg Plant, Increase Production by 80,000 BMW is considering increasing shifts at its Spartanburg, SC p

Dealership marketing has traditionally relied on whatever data was readily available, usually from a Dealer Management System (DMS). But in an age of constant consumer movement—brand switching, changing addresses, or even dropping out of the market