The first three months of new car sales is shaping up to be a winner. Cox Automotive is forecasting U.S. new-vehicle sales for the first quarter of 2024 will increase 5.6% compared to last year, reaching 3.8 million units. The year-over-year increase

Dealer Magazine had the privilege of talking with Gary Gilchrist, the 2024 chairman for the National Automotive Dealers Association (NADA). Gilchrist is president of Gilchrist Chevrolet Buick GMC, Inc. in Tacoma, WA, a family-owned dealership that

Dealers and owners are expressing disaffection with electric vehicles (EV). In the Cox Automotive Dealer Sentiment Index (CDSI) poll released earlier this month, a majority of dealers say sales are worse than they were a year ago. That was followed b

In October 2023, the Federal Trade Commission (FTC) implemented an amendment to the Safeguards Rule. This latest development adds a layer of responsibility for dealerships to safeguard sensitive customer information, particularly when it comes to doc

Scottsdale, Ariz.—CNA National Warranty Corporation returned more than $28 million to automobile dealers across the U.S. through its participation programs for 2023. The organization’s inception-to-date total stands at more than $712 million. “

Dealers in the U.S. are entering the second quarter of 2024 with an inventory that has increased over 50 percent from last year. According to Cox Automotive, dealers nationwide opened in March with 2.74 million new vehicles on hand— 942,000 units,

According to a joint forecast from J.D. Power and GlobalData released March 21, total new-vehicle sales for March 2024 are projected to reach 1,525,700 units, a 12.1 percent increase from March 2023 The seasonally adjusted annualized rate (SAAR) for

Cincinnati, Ohio, March 20, 2024 – Jeff Wyler Automotive Family announced the first new car sold completely online with its WylerComplete tool. Unlike other dealers who promote “100% Online” buying solutions which are designed to generate a sal

While happy that the Biden Administration relaxed tailpipe limits, a group representing over 5,000 dealerships reiterated a more realistic goal is needed when it comes to the sale of electric vehicles (EV). Announced on March 20 by the federal Enviro