Trending Auto Retail News
Data Gaps Holding Back Auto Dealerships: eLEND Survey
Auto dealerships are experiencing data gaps between the core systems that run their dealerships, according to automotive FinTech company eLEND Solutions. The vast majority of dealerships who responded to the survey noted upgrading their systems—customer relationship...
2025 Is Set To Be The Year Of Cyberdefense In Automotive
As we enter 2025, the automotive industry continues to face unprecedented challenges and opportunities. As we began to see last summer, the growing importance of cybersecurity is more top-of-mind and will be an even larger priority for auto dealerships in the coming...
TradePending Introduces Value Watch, an Automated Tool Helping Auto Dealerships Build Lifelong Brand Awareness with Customers
TradePending, a leading software platform for car dealerships, today announced the launch of Value Watch, a new tool designed to keep dealerships top of mind with customers through automated email and text communications. By providing consumers with an automated...
CDK Extends Relationship with Four Dealerships
In the first six weeks of 2024, CDK has announced multi-year renewal with four dealerships that have dealerships in 20 states across the U.S. The first deal announced on Jan. 7 was an agreement Findlay Automotive Group, one of the largest privately held dealership...
Navigating the Compliance Maze: How UK Dealerships Can Thrive in a Complex Regulatory Landscape
The UK automotive industry operates within a complex regulatory landscape, where compliance is no longer an afterthought but a critical factor for success. From stringent data protection laws to evolving financial regulations, dealerships face increasing pressure to...
HERE Technologies Unveils AI-Powered Intelligent Guidance Assistant for Software-Defined Vehicles and Transportation Companies
HERE Technologies, the leading location data and technology company, unveiled its latest artificial intelligence (AI) solution, the HERE AI Assistant. Designed to address the evolving needs of the automotive and transportation industries, this cutting-edge solution...
Georgica Auto Holdings, Catskill Automotive Partners, Chico Mazda & Volkswagen, Grubbs Family of Dealerships: Dealership Deals
Georgica Auto Holdings Acquires Dealership from Group 1 Georgica Auto Holdings (GAH) has acquired Kolb Subaru, a dealership in Orangeburg, NY, from Group 1 Automotive. The addition of Kolb Subaru expands GAH's footprint in the Northeast and is GAH's third Subaru...
Software Defined Vehicles: A New Era for Automotive
The automotive industry is undergoing a huge transformation as this rise of software-defined vehicles (SDVs) and connected mobility drives OEMs to adopt more tech-driven strategies. This rise in SDVs is currently set to create over $650 billion in value for the...
DealNow.Com Introduces Instant Loan Lookup and Payoff Solution To Simplify Inventory Acquisition For Dealers
DealNow, the first-of-its-kind service that enables secure and seamless online transactions for any vehicle –including cars, RVs, boats, and other recreational vehicles– announced the launch of its new Instant Loan Lookup and Payoff Solution, designed to reshape...
Asbury Automotive Group to Purchase Herb Chambers Cos. For $1.3B
Asbury Automotive Group has signed a definitive agreement to acquire one of the largest private dealership group New England for $1.34 billion. Asbury announced on Feb. 18 reached a deal with The Herb Chambers Companies (HCC), the fourteenth largest by revenue...
The End of the Auction Era: Why Direct-to-Consumer Inventory is Driving Dealership Growth
The automotive retail world is changing fast, and dealerships are under pressure to keep up with customer expectations while staying profitable. One big shift is the move to direct-to-consumer (DTC) inventory sourcing. By cutting out auctions and wholesalers,...
Highnote Announces Fasten Rewards Partnership to Launch Consumer Credit Card Rewards Program
Highnote, a leader in modern card platform management, announced the launch of a new consumer credit card program with Fasten Rewards. Leveraging Highnote's customizable platform, Fasten aims to strengthen the relationship between drivers and dealerships by providing...
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