FTC Will Await Legal Challenges Before Enforcing CARS Rule
The Federal Trade Commission (FTC) issued an order Jan. 18 postponing the effective date of the Combatting Auto…
News January 22Latest in: Dealer News
Consumer Satisfaction With Auto Dealers Jumped 8% Last Year
A new survey shows car buyers are increasingly happy with their dealers at a seven out of ten…
News January 19
New One-Stop E-Commerce Platform Offered for Ford, Lincoln Dealers
The Shop is now open for dealers at Ford and Lincoln. FordDirect, a joint venture between Ford dealers,…
News January 16
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 8
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
