TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


car dealers

Minority-owned stores now total 1,476 stores scattered throughout the U.S., which is almost 9% of all franchised dealers.

The U.S. retail automotive industry added 110 minority-owned stores in 2022, NAMAD data shows

- August 11, 2023
According to the National Association of Minority Automobile Dealers (NAMAD), the automobile industry added an impressive 110 minority-owned stores in 2022. Minority-owned stores now total 1,476 stores scattered throughout the...
This week: Bill Ussery Motors sells dealerships for $150M, Rivian's Q2 gains, UAW President challenges Stellantis, and more automotive news.

Weekly roundup: UAW President blasts Stellantis for ‘trash’ proposal, Mercedes-Benz dealerships sell for $150M

- August 11, 2023
Earlier this week: Bill Ussery Motors sold its Mercedes-Benz dealerships in Cutler Bay and Coral Gables to affiliates of Dream Motor Group, for a listed transaction value of $150 million....
AI artificial intelligence

How AI is revolutionizing automotive sales and marketing

- August 9, 2023
The auto industry has always been a trailblazer in adopting cutting-edge technology in manufacturing, marketing, and in vehicles. Artificial intelligence (AI) is now driving the sector to even more unprecedented...
M&A activity continued to flourish in July, with Lithia Motors and other auto groups making notable purchases throughout the U.S.

Ken Garff scoops up 7 Hawaiian dealerships, Lithia Motors purchases Ford, Honda stores

- August 8, 2023
M&A activity continued to flourish in July, with Lithia Motors and other auto groups making notable purchases throughout the U.S., which include the following transactions: Lithia Motors Buys Wade Ford In mid-July,...
Car shopping doesn't have to be stressful. With the right approach, you can help turn it into a fun, engaging, and empowering experience.

How to make car shopping more fun for your customers

- August 4, 2023
Car shopping should be e­njoyable, not intimidating. As a dealership owne­r, your job goes be­yond simply selling a car. It includes providing helpful advice­ and fostering an environment whe­re customers...
digitalization employment

How will digitalization affect employment in the auto industry?

- August 3, 2023
The automotive industry has been contributing to the global economy for many years, and this is largely in part due to the employees working in it. From research and development...
Many dealers are already benefiting from AI. In a survey by CDK Global, 76% of dealers said they believe AI has positively impacted their business.

Large language models, AI to offer dealers opportunities to increase their operational efficiencies

Artificial intelligence has become a normal part of our lives, powering mapping apps, customer service chatbots and more. Dealerships have been taking advantage of the technology for years through a...
Timing is critical to both dealers and car buyers and seasonal sales are once again playing a big role.

Q&A | How auto dealers can leverage the return of seasonal sales

- July 28, 2023
Seasonality plays a crucial role for both dealers and car buyers, and understanding its impact is vital in the automotive industry. Historically, certain seasons experience higher demand for vehicles, such...
With a little preparedness, your sales team will be able to help these new customers get into the perfect EV to suit their needs.

How to answer top EV FAQs this season at your dealership

- July 25, 2023
It's a new car-buying season, and many new car buyers want to take advantage of the federal government's electric vehicle tax incentives. With many customers considering their first EV, it's...
Car buyers who no longer commute to an office seem to be spending more both on the price of a vehicle and the F&I products to protect it.

Are car buyers who work-from-home making F&I sales easier?

- July 24, 2023
For the last few years since the start of the pandemic, companies have been more open to the idea of working from home to reduce turnover while maintaining productivity. Though some...


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