Repair Shops Gain Ground on Dealers for Servicing Cars
Franchised dealerships continue to lose share to general repair shops, according to a study from Cox Automotive. The…
News January 8Latest in: Dealer News
Toyota Still the Top Brand for Dealership Acquisition: Kerrigan
As a new year begins at dealerships across the U.S., Kerrigan Advisors sees a mixed bag for valuations…
News January 3
Accelerating the Waterfall Effect: Private-Party Acquisitions As a Wave-Maker for Dealerships
The most successful dealerships aren’t necessarily those with the flashiest showrooms or the largest advertising budgets. Instead, success…
News December 27
Sales of Auto Dealerships up 11% from Last Year: Kerrigan
The economics remain strong enough in 2023’s third quarter for sales of auto dealerships to rise more than…
News December 21
U.S. Auto Sales Expected to Rise 2% in 2024
New vehicle sales worldwide are forecasted to exceed 88 million in 2024, with sales in the United States…
News December 19
CARS Rules on Junk Fees to Go Into Effect in 2024 Despite Industry Objections
The Federal Trade Commission (FTC) this week finalized protections against junk fees when buying a car set to…
News December 14
Interests Rates, EV Slowdown Spur Concerns of Auto Dealers: Cox Automotive
Economic headwinds have auto dealers pessimistic going into the last quarter of 2023. The most recent Cox Automotive…
News December 11
CarGurus Deal Acquiring CarOffer is Completed; Zach Hallowell Named CEO
CarGurus completed the acquisition of CarOffer, purchasing the remaining minority equity interests for $75 million on Dec. 4.…
News December 6
Haig Report Finds Mixed Results In Dealership Deals–More Deals, Lower Prices
While values declined slightly this year, 2023 is on pace to be the third most active year for…
News December 5
New Research Reveals Age and Gender Differences in Vehicle Add-On Purchases
When consumers purchase cars at an auto dealer, they often buy supplemental products and services called voluntary protection…
News December 1
