Marketing & Advertising
Scenes from DealerPoint 2025
DealerPoint returned to the Hyatt Regency Grand Cypress Resort in Orlando, FL on April 9-11 and hosted dealership attendees and vendors for a VIP networking experience. Attendees were treated to 1:1 private meetings and boardroom presentations to help build long-term...
Tom Gill Buick GMC, Hastings Chrysler Dodge Jeep Ram, Golling Automotive Group: Dealership Deals
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 Shackelford, Sr. has...
Auto Tariffs Shake U.S. Car Market as Major OEM’s Halt Shipments
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...
Auto Lender Fraud Loss Exposure Estimated at Record High
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 represents a 16.5 percent...
Rethinking the Money: Smarter Vehicle Appraisals
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 sought enhanced data to...
New-Vehicle Prices Steady in March as Sales Surge
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 as the automotive...
3 Tips for Increasing Profitability of Your Dealership Pre- and Post-Merger
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, you are not alone....
Cox Automotive: March Auto Sales Up as Inventory Tightens
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 sold in four years....
Automotive Roundup: BMW Plans to Expand Spartanburg Plant, Stellantis Shipments Decline Nine Percent
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 plant to boost...
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