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 6Latest in: Dealer News
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
Nearly 4,000 Car Dealers Ask President Biden to Slow Down EV Push
Car dealers are asking President Joe Biden to “tap the brakes” in his administration’s electric vehicle (EV) push.…
News November 29
Digital Retailing Continues to Grow at Auto Dealerships
A recent report found car dealers offering consumers the ability to do a deal online has grown to…
News November 28
Ciocca Agrees to Purchase 10 More Pennsylvania Dealerships
The Ciocca Dealership group is growing its holdings in Pennsylvania. The agreement has Ciocca purchasing Apple Automotive, the…
News November 22
Mercedes Launches First Charging Hub in U.S.
Mercedes-Benz is offering a change to the way Americans charge their vehicles in the same way Starbucks altered…
News November 21
Digital Dealer Unveils New Branding & Announces Launch of DealerPoint, Offering Targeted Networking and Driving Innovation
Digital Dealer has revealed its new branding and announced the launch of DealerPoint, a dynamic addition to its…
News November 17
Hyundai Dealers Will Be the First to Sell Cars Through Amazon Platforms
Amazon is getting into the (virtual) car dealership business. At the Los Angeles Auto Show Nov. 16, the…
News November 17
GM Workers Approve Union Contract; Ford, Stellantis on Pace to Pass
Despite concerns that resulted in a closer than expected vote, General Motors (GM) union workers approved the deal negotiated…
News November 16
