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Latest in: Dealer News

electric vehicle EV Federal Reserve hybrid vehicles Intereste Rates NADA National Automobile Dealers Association New-vehicle sales October 2024 SAAR
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NADA: October Vehicle Sales Hit 6 Month High

The National Automobile Dealers Association (NADA) reported that new light-vehicle sales in October 2024 came in with a…

News November 6
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EV Market Shares Now 22%: Urban Science

A recent Urban Science report found electric cars sales gained market share in the third quarter of 2024,…

News November 6
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Owners Increasingly Choosing Dealerships for Service Appointments: CDK

While a majority of car owners still choose independent repair facilities and car service chains, fixed operations at…

News November 5
Audi Audi Digital Program Brad Title Gubagoo Gubagoo Chat and Digital Retailing

Gubagoo Now Available to U.S. Audi Dealers

Gubagoo has partnered with all U.S.-based Audi dealers for modern chat and digital retailing tools to enhance sales…

News November 4
AppraisalPRO Artificial Intelligence Auto Dealership Cory Hewett Data Leslye Guthrie mechanical problems pre-owned cars repair cost estimates Transparency
Service Process

Drivers Admit to Not Disclosing Mechanical Problems Before Sale: AppraisalPRO

A recent AppraisalPRO’s nationwide survey found that consumers are not always being forthright about the conditions of the…

News November 1
Cowboy Toyota Harvey Auto Group Jeremy Hodge Chevrolet GMC Kerrigan Advisors Norm Reeves Patriot Auto Group Performance Brokerage Services The CAR Group The Tim Lamb Group Victory Automotive Group
Dealership Roundup

Victory Automotive Group, Norm Reeves, Patriot Auto Group: Dealership Roundup

Victory Automotive Group Purchases California Dealership The Tim Lamb Group recently brokered the sale of Harvey Auto Group’s…

News October 31
Auto Loans compact SUVs Edmunds Interest rates inventory Ivan Drury Jessica Caldwell large trucks midsize SUVs MSRP negative equity trade-in values

Average Amount Owed on Upside-Down Car Loans Hits an All-Time High

A new report found a growing number of Americans with auto loans owe more than their cars are…

News October 30
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Manheim Market Report Used Cars

October New-Vehicle Sales Expected to Increase 10%

Sales volume in October is anticipated to jump 10 percent compared to the month previous and 7.9 percent…

News October 29
Asbury Automotive Group CDJR Chrysler Dodge Jeep Ram Ford Honda Hyundai Kerrigan Advisors Mazda Mercedes-Benz Nissan Second Quarter 2024 Blue Sky Report Stellantis Toyota Financial Services

Kerrigan: Mazda Multiple Increased, CDJR and Nissan Decreased

Kerrigan Advisors made three blue sky multiple adjustments, increasing the blue sky multiple for Mazda and decreasing the…

News October 28
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Presidio: Dealerships Profitability Nearing New Normal

The decline in profitability for the typical U.S. dealership appears to be leveling off, according to the recently…

News October 25
1

Foxconn Sells Lordstown Plant for $88M

CBT News | Automotive Industry | Dealership News
3

Carvana’s 10,000% Stock Rally Hits Short Sellers Hard

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4

CDK Launches SimplePay for Dealership Efficiency

CBT News | Automotive Industry | Dealership News