Trending Auto Retail News
CDK Launches New Solution Aimed at Smaller Dealerships
CDK Global has announced the launch of its new CDK Fundamentals Suite, a business system designed specifically for use at small auto dealerships. The new offering is built for both independent and smaller franchise dealerships, looking to meet their immediate needs...
Consumers Leasing EVs At Greater Numbers
With electric vehicles (EVs) continuing to become a viable option for prospective vehicle shoppers, Experian found one trend that is standing out: EV buyers opting to lease. Experian’s State of the Automotive Finance Market Report: Q4 2024 detailed that more than 50...
More Than Math: The Human Side of Car Sales
Growing consumer uncertainty—and the influence of how people choose to spend their money—is prompting companies to rethink how they do business. More and more, they’re weaving in social responsibility and fair, honest management as part of their core strategies. It’s...
Trophy Automotive, Midway Motors, Lithia & Driveway, Hubler Automotive Group: Dealership Deals
Trophy Automotive Dealer Group Purchases Kia Dealership in California Lou Sobh Automotive Group has sold its Kia of Cerritos dealership in California to Trophy Automotive Dealer Group. Kia of Cerritos is the second highest volume Kia dealership in the US and is...
What’s Preventing More Auto Retailers from Additional Cyber Defense?
Sure, technology is rapidly advancing the automotive retail and lending industries, but this evolution has also brought about new challenges in the areas of cybersecurity. The ransomware event of the summer of 2024 made many headlines, and since then the entire...
Strategic Timing: How Forward-Thinking Buyers Are Transforming the Car Industry
Car shoppers rushed to purchase vehicles ahead of the potential tariff hikes this past weekend. The past weekend was “by far the best weekend I’ve seen in a very long time,” said Randy Parker, the chief executive officer of Hyundai and Genesis in North America. “Lots...
DDCE2025 Speaker Proposals Deadline Extended to April 11
Call for proposals for the upcoming Digital Dealer Conference & Expo (October 14-15, 2025, Las Vegas) are now open! The deadline to submit a proposal #DDCE2025 is April 11, 2025. Accepted speakers will be notified on April 21, 2025. Please follow this link to...
Getting You All Set for DealerPoint Next Week
The team behind Digital Dealer’s 2025 DealerPoint recently hosted a comprehensive webinar designed to introduce attendees to the immersive experience being offered. Set for April 9-11 at the Hyatt Regency Grand Cypress Resort in Orlando, FL., DealerPoint is a VIP...
Auto Economists: Tariffs Will Raise Prices for the U.S. Car Buyer
Analysis for the auto industry are forecasting prices at dealerships rising just as the recovery from the pandemic had begun to take after President Donald Trump announced a 25 percent tariff on cars built outside of the U.S. This is the third time the Trump...
The Hard Conversations: Why Your Service Department Must Tell the Whole Truth
Editor's note: We're moving from our digital magazine to website-first content. Enjoy more frequent updates and easier access to our articles and stories you want to see. Thanks for growing with us! Before we go any further, let me ask for your permission to have a...
Haig Report: Strong Market for Dealership Sales in 2025
Haig Partners has released its 2024 fourth quarter report that concludes that demand for dealerships remains robust as private and public buyers continuing to pursue acquisitions across all major franchises. In 2024, Haig advised on 22 transactions involving 58...
Trump: I Don’t Care If Car Prices Go Up Because of Tariffs
In the harshest of terms, President Donald Trump said he “couldn’t care less” is car prices rise due to the 25 percent tariffs his administration is set to put into effect this week. In a phone interview with Meet the Press anchor Kristen Welker that aired on March...
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