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Conference & Expo: October 14 -15, 2025
DealerPoint: 2026 Dates Coming Soon!

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Trusted Vehicle Payment Platform KeySavvy Earns $4.25M Funding Boost

KeySavvy, an innovative platform that simplifies and secures private-party car transactions, today announced $4.25M earned in venture capital funding. The investment was led by Bonfire Ventures, marking the second major financing round for the rapid
Dec 19, 2024

Victory Automotive Group, Community Auto Group, ECD Automotive Design: Dealership Deals

Advantage Toyota and Ball Toyota of Charleston Sold Advantage Toyota and Ball Toyota of Charleston have been sold to Victory Automotive Group in a deal brokered by Haig Partners LLC. Advantage Toyota, now called Victory Toyota of Barboursville, was o
Dec 19, 2024

Maximizing Car Sales During the Holidays: Tips and Insights

For many businesses, the holiday season is a peak time to attract customers and boost sales with effective marketing strategies, helping them close the year on a high note. Car dealerships are not exempt from this trend. According to Statista, the co
Dec 18, 2024

The Quiet Revolution in Online Auto Sales

When iA Financial Group announced its approximately $7.3 million USD strategic partnership with Clutch in July, it may have seemed like just another corporate investment. However, as we look back four months later, the impact of this move on Canada�
Dec 18, 2024

Over 300 Dealership Transactions So Far in 2024: Kerrigan

The auto dealership buy/sell market rose to another record high, with 330 dealership transactions representing 544 franchises sold completed in the first nine months of 2024, according to recent report from Kerrigan Advisors. The recently-released Th
Dec 18, 2024

Safeguarding Customer Data: The Critical Role of Encryption in Automotive Retail

The automotive industry faces unprecedented challenges in protecting customer data privacy. As vehicle transactions increasingly move online and dealerships collect more personal information, the need for robust security measures has never been more
Dec 17, 2024

CDK Introduces Industry-First Comprehensive Role-Based Product Certification Program

CDK, the leading automotive retail software provider, announced the launch of the company’s new software certifications and courseware, designed to equip dealership employees with the skills and credentials needed to excel in today’s rapidly evol
Dec 17, 2024

Amazon Begins Selling Hyundai’s Online

Amazon Autos is live. Started last week, consumers in 48 U.S. cities were able to browse, order, finance, and schedule pickup of a new Hyundai vehicle from their local participating dealer directly on Amazon. The kickoff comes a year after the online
Dec 17, 2024

How AI is Transforming the Automotive Industry

The automotive industry is at a turning point. Long-dominant carmakers in Europe and America now face tough competition from Chinese manufacturers, who are leading the way in electric vehicles (EVs). To stay competitive, many are turning to advanced
Dec 16, 2024