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Industry Press Releases
Benchmark Data Suite Unveils Cutting-Edge Benchmark Alert System for Dealerships
Chicago, Illinois June 10, 2024 — Benchmark Data Suite, the industry leader in automotive solutions for actionable decision-making across dealerships, proudly announces the launch of the Benchmark Alert System. This state-of-the-art feature empow
Jun 14, 2024
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Dealer Ops & Leadership
Used EVs Require CPO Process
While some identify the increasing number of used electric vehicles (EVs) as a problem for the industry, others view it as an opportunity. It could be regarded as both, and the result will depend entirely on how auto manufacturers and retailers respo
Jun 14, 2024
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Sales & Marketing
May New-Vehicle Sales Price Continue to Trend Lower, Down Nearly 1%: Kelley Blue Book
New-vehicle prices continued an eight-month streak of being lower than the month before, aided by high incentives. According to estimates by Kelley Blue Book, the average transaction price (ATP) in May for a new vehicle in the U.S. was $48,389, stati
Jun 14, 2024
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Marketing & Advertising
How to Use Video to Merchandise CPO Vehicles
The average price for a new vehicle in March 2024 was $47,218 according to Kelley Blue Book. Combined with high interest rates, that price range is out of reach for many car shoppers, who are instead opting to purchase pre-owned and certified pre-own
Jun 13, 2024
2024 Digital Dealer Awards: Best Dealer
As part of our continuing efforts to celebrate the auto industry and those involved, Digital Dealer is proud to announce the Digital Dealer awards program for 2024. Among the six categories is Best Dealer. The award contest is open to submissions fro
Jun 13, 2024
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Dealer/GM News
Morgan Auto Group, Firelands Auto Group, Fisker and Craig Zinn Automotive Group: Dealership Sales Roundup
Morgan Auto Group Purchases Hollywood Kia in Florida Hollywood Kia has been sold to Morgan Auto Group, according to Haig Partners LLC who served as the exclusive sell-side advisor on the sale. Hollywood Kia is located in Hollywood, FL and was owned b
Jun 13, 2024
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Dealer Ops & Leadership
How Are Stagnant Auto Sales Impacting Organizational Digital Transformation Strategies?
As we near the mid-way point of the 2024 year, there are many fascinating characteristics of today’s auto industry. Some of these are defined by the broader macro economy, and yet others are a result of organizational evolutions continuing to take
Jun 12, 2024
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Industry Press Releases
automotiveMastermind Introduces Showroom to Enhance Hyper-Personalized Consumer Experiences for Dealers
NEW YORK (June 11, 2024) – automotiveMastermind, the automotive industry’s trusted data and technology provider, has introduced Showroom to its Mastermind technology. Showroom is designed to transform each customer touchpoint into a discovery opp
Jun 12, 2024
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Dealer/GM News
Politics Increasing Concern for Dealers in Cox Sentiment Index
The Cox Automotive Dealer Sentiment Index (CADSI) remained stable in the second quarter despite dealer uncertainty in politics, market and economy. The Q2 score of 42 released June 10 indicates most U.S. auto dealers see the market as weak, three poi
Jun 12, 2024