Auto Brand Retention Grew in 2023: Reynolds and Reynolds
Brand retention at auto dealers nationwide was up in 2023 to 43.7%, according to an annual report released…
News February 1Latest in: Dealer News
January U.S Sales Expected to Show Gains as Cox Predicts a Return to Normal in 2024
Car sales for for the first month of 2024 are expected show gains compared to a year earlier…
News January 31
Call from EV Voice of the Customer to Slow Mandates Continues to Grow
As car dealers gather this week for the annual National Auto Dealer Association (NADA) meeting in Las Vegas,…
News January 29
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 22
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
