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Conference & Expo: October 14 -15, 2025
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Trending Auto Retail News

Dealership Profits Down 33% in 2024: Presidio Group

Dealership Profits Down 33% in 2024: Presidio Group

Net pretax profit for the average franchised store slid 33.4 percent through the first half of 2024 compared to a year ago—one percentage point more than the profit decline for the previous three months. That is according to the recently released Presidio-NCM Average...

Reynolds Acquires TSD Mobility

Reynolds Acquires TSD Mobility

The Reynolds and Reynolds Company recently acquired TSD Mobility Solutions, a leader in fleet management software and services. TSD designs and develops fleet mobility solutions for dealerships, manufacturers, public automotive groups, and rental car companies...

New-Vehicle Prices Lower for 10th Consecutive Month: KBB

New-Vehicle Prices Lower for 10th Consecutive Month: KBB

For the 10th consecutive month, new-vehicle prices were lower year-over-year in July as Kelley Blue Book (KBB) analysts noted higher inventory levels and higher incentives have shifted the U.S. auto market to favor buyers. The average transaction price (ATP) for a new...

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