Trending Auto Retail News
Dahl Automotive, Fred Beans Automotive Group, Holman, Zeigler Auto Group: Dealership Sales Roundup
Zeigler Opening Subaru Dealership in Indiana Zeigler Auto Group will be hosting a grand opening event for Zeigler Subaru of Schererville on May 6. Formerly known as Zeigler Subaru of Merrillville, the dealership will officially open its doorse at its new location,...
Conversions API, The Dealer’s Goldmine
Every decision made in your dealership revolves around money. Each day, questions like "What is the margin in that deal?", "How should I allocate my coop funds?" and "What's the cost of the part the porter just broke?" require careful consideration. The decision to...
April Auto Sales to Sustain Spring Volume Push: S&P Global Mobility
New light vehicle sales volume will hit 1.34 million units in April, according to the latest S&P Global Mobility report releases April 30. Despite what appears to be a downturn from March 2024 (down 7%) and from April of the previous year (down 2%), adjustments...
Price Cuts Alone Won’t Solve EV Adoption Dilemma
In 2023, the electric vehicle (EV) industry experienced a significant milestone, with global sales surpassing 1.1 million units, marking the first time that annual sales exceeded the seven-figure threshold. This represented a surge of nearly 50% in EV adoption...
Going Inside Electric Vehicles Growth on 2023
While dealers continue to worry about inventory issues, the domination of the electric vehicle market that Tesla has enjoyed in recent years is declining. According to Experian’s recently released Electric Vehicles 2023 Year in Review, the Elon Musk-owned company only...
How AI Transforms Car Dealerships
In a landscape where technology constantly evolves to meet changing consumer demands, Artificial Intelligence (AI) drives significant changes in dealership operations. From marketing to sales, AI is becoming an inseparable asset. This shift is highlighted by a survey...
Washington Top State for Auto Loan Delinquency Increases
A recent Wallet Hub report identify the states where auto loan delinquency is increasing the most as the overall rate for the last three month of 2023 was 4.17 percent. According to WalletHub officials, the year-over-year overall comparison showed a 0.75 percent...
Court: Auto Dealerships Liable for Sales Tax When Employees Use Cars that are for Sale
A recent decision in Arkansas could cost auto dealerships who allow their employees to use vehicles that are up for sale on their lots. In a case brought against Trotter Ford by the Arkansas Department of Finance and Administration (ADFA), the state’s highest court...
Service Management Performance Technology—A Must in Today’s World….
Do you ever feel overwhelmed by the intricacies of managing your dealership’s operational efficiency? In the fiercely competitive landscape of automotive dealerships, fixed operations stand as a battleground where success hinges on heightened visibility and rigorous...
April New-Vehicle Sales Down 2.2 Percent from Last Year: Cox
April new-vehicle sales is continuing a pace that would make 2024 the best in five years despite a decline from a year ago, according to Cox Automotive. Sales volume for April is expected to fall 2.2 percent from April 2023 to 1.34 million units. The seasonally...
automotiveMastermind Enhances Mastermind’s Connectivity Through Tekion Integration
NEW YORK (April 23, 2024) – automotiveMastermind, the automotive industry’s trusted data and technology provider, will integrate its Mastermind technology with Tekion, innovator of the first and fastest cloud-native automotive retail SaaS platform, Automotive Retail...
Bob Howard Luxury, Preston Automotive, Van Horn Automotive: Dealership Sales Roundup
Bob Howard Luxury Auto Group Acquires Colorado Tractor Dealership The Bob Howard Luxury Auto Group acquired Universal Tractor Co. in Lakewood, CO, from the McCarty family in a deal brokered by Performance Brokerage Services. Bob Howard Luxury Auto Group is a...
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