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Industry Press Releases
Automotive Lenders Are Overlooking the Value of Alternative Data and Instant Decisioning, Open Lending Research Finds
Open Lending Corporation, an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, released its second annual Lending Enablement Benchmark Report. Report findings reveal that traditional method
May 31, 2024
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Dealer Ops & Leadership
Spotlight on…. QoreAI
As we look to tell the stories about people and the products that support auto dealerships, Digital Dealer is shining the spotlight on companies that help dealers do their job more effectively. We recently interviewed Todd Smith, CEO of QoreAI, refle
May 31, 2024
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Sales & Variable Ops
May New Light-Vehicle Sales up 7% from a Month Earlier: S&P
May is looking to be a good month for auto dealers as sales are projected to increase from last month as well a year ago. S&P Global Mobility projects new U.S. light vehicle sales volume in May to reach 1.4 million units—up approximately 7 per
May 30, 2024
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Dealer/GM News
Gosch Auto Group, Keeler Automotive Holdings, Moffitt Automotive, Family Car Group: Dealership Sales Roundup
California-based Gosch Toyota Sold Kerrigan Advisors represented California-based Gosch Auto Group in the sale of Gosch Toyota to Kevin Naderi, general manager of Toyota of Hemet. Gosch Toyota dealership is located in the Hemet Auto Mall, a high-volu
May 30, 2024
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Digital Dealer
“A Next-Level Experience:” Top Highlights from DealerPoint 2024
Digital Dealer’s inaugural DealerPoint event took place in Orlando, May 21-23, 2024, bringing dealership attendees and auto retail solution providers together for an unparalleled experience. Powered by a high degree of matchmaking, DealerPoint
May 29, 2024
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Dealer/GM News
Oakes Auto Sues Mitsubishi for $6M
Mitsubishi is being sued by a dealership in Missouri for after the company blocked the sale of the dealership. Oakes Auto of Kansas City has reportedly filed a multimillion-dollar lawsuit against Mitsubishi Motors North America. The suit lists six cl
May 29, 2024
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Digital Dealer
Dealer Magazine: The ‘Electric Vehicle Conspiracy’
Have you noticed the widening gap between reality, the truth, and what the government, the industry press and the manufacturers are telling us? I’ve always prided myself on being one of the most accurate future forecasters in the industry. My track
May 29, 2024
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Dealer/GM News
S&P: Average Age of Cars in the U.S. Continues to Rise
It is not just you—Americans are indeed holding on longer to their cars. A recent report from S&P Global Mobility found the average age of cars and light trucks in the United States has risen to record 12.6 years in 2024, up by two months over
May 28, 2024
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Digital Dealer
Dealer Magazine: The Critical Conversations No Auto Business Family Can Ignore
Difficult conversations are a staple in any business. But in a family-run auto dealership, their frequency and intensity can be higher due to overlapping personal and professional lives. Avoiding these conversations often leads to brewing misundersta
May 28, 2024