Trending Auto Retail News
Brandt Auto Group Completes Breakup After Gayle Benson Withdraws Compliant
After a complaint by Gayle Benson with the state of Louisiana was withdrawn, the breakup of the Ray Brandt Auto Group is complete. The deals closes a four year legal battle between Ray Brandt’s widow Jessica and his grandchildren over an estimated $280 million, an...
Auto Industry Survey Shows Improvements in Leveraging Automation, AI For Lenders
While they are still trying to understand all of its benefits, auto finance leaders are beginning to incorporate artificial intelligence (AI) into their daily workflow. Informed.IQ, a developer of AI-based software that verifies, streamlines and optimizes loan...
Dealer Magazine: How to be Profitable During the Collapse of Western Civilization
The banks are tightening up, your near-prime and subprime sources have all but dried up. Interest rates are still high. You were so proud of yourself last year when you knocked that deal out of the ballpark with $10,000 over MSRP with 84 months financing. Of course...
Tire Industry Drives Digital ID Standards
This story was original published at RFIDJournal.com. Legislation in Europe is focusing on sustainability and tracking how products are made, used and recycled. One mammoth group paying close attention is the tire industry. With 1.2 billion tires in use today, 70...
Dealers Bracing for Disruption at Port of Baltimore
Editor's Note: This story has been updated to note the opening of temporary channels at the port The Port of Baltimore is the busiest in America for shipments of cars. And the deadly accident that brought down the Francis Scott Key Bridge will have a ripple affect...
Dealer Magazine: This is Why Customers Defect to Independent Garages…
Dealership customer-pay parts and labor sales average $46 billion annually. That is less than 20% of total parts and labor sales performed annually at all service centers. Therefore, over 80% of customers vote with their checkbook and spend their money at their local...
CDK Bridges Longstanding Gap Between OEM and Dealer Shopping Experiences With Automotive Commerce Collab
AUSTIN, Texas – March 26, 2024 – Due to friction created between the various technologies used by original equipment manufacturers (OEMs) and franchise dealers, consumers have long experienced frustration when navigating their buying and servicing journeys from an OEM...
Honda Sweeps KBB’s Consumer Choice Awards
As new-vehicle shoppers continue to rise, they perceive Honda’s as the best buy across numerous segments. At least that is the consensus from Kelley Blue Book’s 2024 Consumer Choice Awards. These awards—formerly known as the Brand Image Awards—are based on annual...
Holman to Host Cutting-Edge Auto Brands Hiring Event in Fort Lauderdale April 4
Holman VinFast will host a hiring event in Fort Lauderdale April 4. The highly-anticipated auto dealership seeks experienced professionals to fill numerous full-time positions. Global automotive leader Holman also seeks sales consultants for the INEOS brand, which...
Deacon Jones Automotive, Holman, Hudson Automotive Group, Ed Morse Automotive Group: Dealership Sales Roundup
Deacon Jones Purchases First Luxury Import Brand Deacon Jones Automotive recently acquired Sale Auto Mall Stores, located in Kinston, NC. This move marks a significant expansion for Deacon Jones Automotive, based in Smithfield, NC, to solidify its position in eastern...
Saints Owner Gayle Benson Embroiled in Dealership Dispute with Nissan
The owner of the New Orleans Saints and Pelicans is battling for ownership of a Mississippi dealership she claims was sabotage by Nissan and rival dealer. In a detailed story from the The Times-Picayune/The New Orleans Advocate, the issues resolves around Gayle Benson...
Dealer Magazine: What’s Wrong With You?
Do you store your Tupperware lids actually sealed “on” the base container or are you one of “those people” who throw the lid in a pile somewhere near the container? Then, when you need to use the container, do you have to search through the gigantic pile and try to...
Join us for Digital Dealer Las Vegas 2021