Trending Auto Retail News
Dealer Magazine: He Who Is Faithful with Little Will Be Entrusted with Much!
Editor's Note: This article was originally published in the May/June edition of Dealer magazine A parable: A successful car dealer had ten mid-sized buy-here-pay-here used car lots. He called ten of his employees and gave them each one of the used car stores to...
Automotive Lenders Are Overlooking the Value of Alternative Data and Instant Decisioning, Open Lending Research Finds
Open Lending Corporation, an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, released its second annual Lending Enablement Benchmark Report. Report findings reveal that traditional methods of assessing...
Spotlight on…. QoreAI
As we look to tell the stories about people and the products that support auto dealerships, Digital Dealer is shining the spotlight on companies that help dealers do their job more effectively. We recently interviewed Todd Smith, CEO of QoreAI, reflected on his...
May New Light-Vehicle Sales up 7% from a Month Earlier: S&P
May is looking to be a good month for auto dealers as sales are projected to increase from last month as well a year ago. S&P Global Mobility projects new U.S. light vehicle sales volume in May to reach 1.4 million units—up approximately 7 percent from the April...
Gosch Auto Group, Keeler Automotive Holdings, Moffitt Automotive, Family Car Group: Dealership Sales Roundup
California-based Gosch Toyota Sold Kerrigan Advisors represented California-based Gosch Auto Group in the sale of Gosch Toyota to Kevin Naderi, general manager of Toyota of Hemet. Gosch Toyota dealership is located in the Hemet Auto Mall, a high-volume, non-luxury car...
“A Next-Level Experience:” Top Highlights from DealerPoint 2024
Digital Dealer's inaugural DealerPoint event took place in Orlando, May 21-23, 2024, bringing dealership attendees and auto retail solution providers together for an unparalleled experience. Powered by a high degree of matchmaking, DealerPoint facilitated dealerships...
Oakes Auto Sues Mitsubishi for $6M
Mitsubishi is being sued by a dealership in Missouri for after the company blocked the sale of the dealership. Oakes Auto of Kansas City has reportedly filed a multimillion-dollar lawsuit against Mitsubishi Motors North America. The suit lists six claims against the...
Dealer Magazine: The ‘Electric Vehicle Conspiracy’
Have you noticed the widening gap between reality, the truth, and what the government, the industry press and the manufacturers are telling us? I’ve always prided myself on being one of the most accurate future forecasters in the industry. My track record stands...
S&P: Average Age of Cars in the U.S. Continues to Rise
It is not just you—Americans are indeed holding on longer to their cars. A recent report from S&P Global Mobility found the average age of cars and light trucks in the United States has risen to record 12.6 years in 2024, up by two months over 2023. While this...
Dealer Magazine: The Critical Conversations No Auto Business Family Can Ignore
Difficult conversations are a staple in any business. But in a family-run auto dealership, their frequency and intensity can be higher due to overlapping personal and professional lives. Avoiding these conversations often leads to brewing misunderstandings,...
May New Car Sales Projected to Rise Nearly 3% from Last May: J.D. Power
Total new-vehicle sales for May 2024, including retail and non-retail transactions, are projected to reach 1,446,800 units, a 2.9 percent increase from May 2023 on a selling day adjusted basis, according to a joint forecast from J.D. Power and GlobalData. Comparing...
Dealer Magazine: Interview with Rita Case of Rick Case Automotive Group
Dealer Magazine had the privilege of talking with Rita Case, who was named the 2024 TIME Dealer of the Year at the 2024 National Automotive Dealers Association (NADA) Show in Las Vegas in February. Case is president and chief executive officer of Rick Case Automotive...
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