On Tuesday, the Biden Administration announced they would be moving ahead with a ban on importing oil from Russia. The action of imposing such a sanction could have substantial pressure...
Cox Automotive released its auto market weekly summary on March 7, which detailed updates on job growth, February new vehicle sales numbers, and a slow start to the tax season....
The past two years have been nothing short of interesting for automotive dealers—navigating factory shutdowns, showroom closures, re-openings, the uptick in digital retailing and online sales, not to mention, the...
It’s no secret that the pandemic has accelerated the need to adopt and evolve with the digital marketplace. According to U.S. Department of Commerce, a 14.2% increase in e-commerce sales...
As we near NADA and the close of the first quarter of 2022, plenty of unknowns still remain. While lower inventories and high consumer demand fueled by COVID have driven...
With NADA around the corner, it’s a great time to take a look at DMS options. I’m often asked what dealers should look for when considering a DMS switch. In...
On Monday, General Motors along with POSCO Chemical announced a venture with the governments of Canada and Quebec to establish a $400 million facility to “produce cathode active material (CAM)...
Purchasing a vehicle is the second-largest transaction most Americans make in their lifetime, next to buying a home. For an increasing number of American families, affordability is becoming a major...
The high M&A activity we have been seeing continued through the month of February, with the following list including some of the most notable transactions within the past few weeks.
Jeff...
As 2021 winds down, dealers are still being hit with the effects of the chip shortage. Combined with pandemic ripples and supply chain delays, dealers are feeling the ongoing disruption....