In the dynamic and competitive world of automotive dealerships, mastering the art of financial management is not just a necessity; it’s a critical factor for success and sustainability. The dealership landscape is marked by intricate financial

Motion Industries, Inc., a leading distributor of maintenance, repair, and operation replacement parts, and a premier provider of industrial technology solutions, signed a definitive purchase agreement on Feb. 20 to acquire the operating assets of Pe

Cox Automotive and Kelley Blue Book revised the electric vehicle (EV) transaction price data in January to more accurately capture the expanding EV market. According to the revised analysis, the average price paid for a new electric vehicle in Janua

90125. No, it’s not a zip code. And, it’s not a television show. It was an album released by the prog-rock band Yes in November, 1983.  According to the website Songtell.com, “It Can Happen To You” is a song on that album which conveys a mes

This story was first published by RFIDJournal.com. Global tire company Goodyear is partnering with electronics provider TDK Corporation to test connected tire sensors to make it safer for the driver. The sensors, using TDK’s Piezoelectric material

As we look to tell the stories about people and the products that support auto dealerships, Digital Dealer shining the spotlight on companies that help dealers do their job more effectively. We recently interviewed Fasten Rewards’ Jacob Zachs to he

RRR Automotive Group recently completed the sale of five new car dealerships in Maryland to Houston-based Group 1 Automotive. The transaction expands Group 1’s presence in the region and in the non-luxury import brand market. Group 1, which has 198

The U.S. new-vehicle market sales pace slowed in January 2024, despite lower prices and higher incentives. The new-vehicle average transaction price (ATP) last month was $47,401, down 2.6% from December 2023 and down 3.5% compared to January 202

A Hudson Valley dealership continues to expand. Healey Brothers recently has opened the doors for their newest Hyundai store in Fishkill, N.Y. This debut represents the latest Healey Brothers expansion in recent years—now totaling nine dealerships