Trending Auto Retail News
Financial Management in Car Dealerships: Five Essential Tips
In the dynamic and competitive world of automotive dealerships, mastering the art of financial management is not just a necessity; it's a critical factor for success and sustainability. The dealership landscape is marked by intricate financial dealings, including...
Motion Enters Into Definitive Agreement To Purchase Two Fluid Power Companies
Motion Industries, Inc., a leading distributor of maintenance, repair, and operation replacement parts, and a premier provider of industrial technology solutions, signed a definitive purchase agreement on Feb. 20 to acquire the operating assets of Perfetto...
Revised EV Transaction Price Data Show Downward Price Pressure Continues
Cox Automotive and Kelley Blue Book revised the electric vehicle (EV) transaction price data in January to more accurately capture the expanding EV market. According to the revised analysis, the average price paid for a new electric vehicle in January...
“It Can Happen To You, It Can Happen To Me, It Can Happen To Everyone Eventually”
90125. No, it’s not a zip code. And, it’s not a television show. It was an album released by the prog-rock band Yes in November, 1983. According to the website Songtell.com, “It Can Happen To You” is a song on that album which conveys a message of encouragement “to...
Goodyear, TDK Partnership Drives IoT Tire Intelligence
This story was first published by RFIDJournal.com. Global tire company Goodyear is partnering with electronics provider TDK Corporation to test connected tire sensors to make it safer for the driver. The sensors, using TDK’s Piezoelectric material to harvest energy...
Spotlight on…..Fasten Rewards
As we look to tell the stories about people and the products that support auto dealerships, Digital Dealer shining the spotlight on companies that help dealers do their job more effectively. We recently interviewed Fasten Rewards’ Jacob Zachs to hear about his...
Group 1 Automotive Completes Deal for Maryland Dealerships from RRR
RRR Automotive Group recently completed the sale of five new car dealerships in Maryland to Houston-based Group 1 Automotive. The transaction expands Group 1’s presence in the region and in the non-luxury import brand market. Group 1, which has 198 dealerships located...
New Car Prices Down 3.5% in January: Kelley
The U.S. new-vehicle market sales pace slowed in January 2024, despite lower prices and higher incentives. The new-vehicle average transaction price (ATP) last month was $47,401, down 2.6% from December 2023 and down 3.5% compared to January 2023, according to an...
Healey Brothers Open Hyundai Dealership in New York
A Hudson Valley dealership continues to expand. Healey Brothers recently has opened the doors for their newest Hyundai store in Fishkill, N.Y. This debut represents the latest Healey Brothers expansion in recent years—now totaling nine dealerships in the Hudson...
Using AI to Generate Short-Form Videos
Auto dealers tend to have the same problem when it comes to social media: lack of time and resources to create a variety of video content. Short form videos, in particular, have become increasingly popular on social media platforms. Consumer consumption of these...
Super Bowl LVIII Automobile Ads
Besides tuning in for the game and the halftime entertainment, the thing most discussed after the Super Bowl are the ads. The first truly ground-breaking commercial was the Apple’s ad in 1984 directed by Ridley Scott that premiered during third quarter of the game...
Spotlight on…..Reunion Marketing
As we look to tell the stories about people and the products that support auto dealerships, Digital Dealer shining the spotlight on companies that help dealers do their job more effectively. We recently interviewed Reunion Marketing’s Dave Spannhake to hear about his...
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