Every day a used car doesn’t sell costs money. These 5 ways to reduce vehicle cost erosion are vital to your dealership’s ROI.
Asset depreciation is an essential concept for used...
Questions have been raised in the automotive industry that have many leaders taking a step back and reevaluating their organization’s diversity and inclusion efforts, which are crucial for the industry’s...
Who knew we would be living in a time when cars began to act like computers? Today's cars are connected in ways that we have never seen before.
Drivers can access...
The pressure for widespread adoption of electric vehicles is increasing worldwide, including at home in the US. UK’s Prime Minister Boris Johnson announced a ban on vehicles powered solely by...
On today's show, we're pleased to welcome back David Engelman, Chief Executive Officer at SMART Payment Plan. We last spoke to Engelman on the CBT stage at the 2020 NADA...
The landlocked state of Wyoming is home to many dealers that have had to, like many across the country, adapt throughout the pandemic. But what does that look like in...
Customers have more choice and dealers have more to offer shoppers in the used car market, according to vAuto Available Inventory. Used cars have become more plentiful in recent weeks...
Welcome to the Weekly Automotive Market Minute with Jim Fitzpatrick:
This week’s retail SAAR of new car sales came out to 12.64, a slight 1% decrease from last year’s 12.77.
New-vehicle sales...
Lithia Motors is growing! They have now acquired nine Keyes Automotive Group dealerships, which is $1.4 billion in revenue for Lithia. This sale encompasses some of the highest volume auto...
Sandwiched between a Toyota Tundra 4Runner and a Jeep Rubicon, my 2017 Jeep Renegade Desert Trail Hawk and I navigated slick rock and soft sands, on my brand-new BF Goodrich...