AutoNation reports record earnings in Q2 2021
On July 19th, AutoNation released their Q2 net income from continuing operations that set an all-time earnings record for the fifth straight quarter. As the largest American automotive dealer group,...
TSLA367.60512.88501%
GM82.610-1.35%
F12.182-0.2426%
RIVN12.265-0.155%
CYD25.830-0.19%
HMC34.080-0.2%
TM193.950-0.66%
CVNA58.040-0.79%
PAG212.090-0.33%
LAD294.580-0.56%
AN159.970-1.76%
GPI240.210-2.00999%
ABG170.1350.085%
SAH63.125-0.485%
TSLA367.60512.88501%
GM82.610-1.35%
F12.182-0.2426%
RIVN12.265-0.155%
CYD25.830-0.19%
HMC34.080-0.2%
TM193.950-0.66%
CVNA58.040-0.79%
PAG212.090-0.33%
LAD294.580-0.56%
AN159.970-1.76%
GPI240.210-2.00999%
ABG170.1350.085%
SAH63.125-0.485%
TSLA367.60512.88501%
GM82.610-1.35%
F12.182-0.2426%
RIVN12.265-0.155%
CYD25.830-0.19%
HMC34.080-0.2%
TM193.950-0.66%
CVNA58.040-0.79%
PAG212.090-0.33%
LAD294.580-0.56%
AN159.970-1.76%
GPI240.210-2.00999%
ABG170.1350.085%
SAH63.125-0.485%
Auto News
How to close the sale with an ‘undecided’ woman car shopper
A recent study by Kelley Blue Book revealed one in five men knows the exact vehicle he wants, while women are twice as likely to be undecided about what vehicle...
What are the best ways to involve the F&I department on the sales floor?
Every dealership is set up the same way – sales, service, parts, and F&I all operate as their own separate departments. Each has a unique part to play both in...
J.D. Power acquires leading automotive finance & insurance software provider Superior Integrated Solutions/Darwin Automotive
TROY, M.I., July 7, 2021-- J.D. Power, a global leader in data analytics and consumer intelligence, today announced it has acquired Superior Integrated Solutions, Inc./Darwin Automotive, a leading provider of...
Bob Johnson Auto Group expands with acquisition of Dorschel Automotive Group
On Tuesday, Bob Johnson Auto Group announced that they’ve purchased all nine dealerships in the Dorschel Automotive Group. The Dorschel dealerships are all located along W Henrietta Blvd in Rochester,...
How the microchip shortage is progressing
Like most industries, the auto industry has continued to grapple with the effects of the pandemic while trying to find ways to overcome them. Despite revamped planning and operations, many...
Is there a case for remote vehicle servicing?
According to the 2020 NADA Data Financial Profile, dealers commonly expect around three of every ten dollars of net profit to be generated by the service department. Another goal that’s...
Demand is high but low inventory will temper results, according to June 2021 forecast
As June brings the first half of a historic 2021 to a close, the forecast for the month’s end remains largely positive. JD Power and LMC Automotive predict that retail...
Americans spend nearly $5k per year on car payments. Here’s why it matters.
In the US, the average household carrying an auto loan spends $412 per month on payments, according to a doxoINSIGHTS US Auto Loans Market Size and Household Spending Report issued...
Jonathan Smoke, Chief Economist at Cox Automotive breaks down the latest Dealer Sentiment Index
Recently, Cox Automotive published its quarterly Cox Automotive Dealer Sentiment Index for Q2. The index measures dealer sales expectations and how they perceive current auto retail trends over the next...
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