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Insights
Cox: New-Vehicle Sales Expected to Rebound in July
The Cox Automotive forecast released July 25 indicates that U.S. July new-vehicle sales will show some recovery from the CDK Global ransomware attack in June. In July, the seasonally adjusted…
Dealer NewsTekion Receives $200 Million in Growth Capital from Dragoneer Investment Group
Tekion recently secured $200 million investment from Dragoneer Investment Group. The financing round for the company, a developer of a cloud-native platform for the automotive industry, raises its market valuation…
LeadershipNavigating the EV Era: How Dealerships Can Thrive Amidst Changing Automotive Landscape
Even before COVID-19, the automotive industry was on the brink of a seismic shift. Electric vehicles (EVs) were poised to become mainstream, slashing maintenance and repair needs. Dealerships knew service…
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