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 dealership

M&A activity has remained strong over the past few weeks, with Group 1 Automotive and other dealer groups making notable buy/sell deals.

Group 1 offloads 4 dealerships, Lithia Motors sells last remaining North Dakota stores

- August 22, 2023
M&A activity has remained strong over the past few weeks, with Group 1 Automotive and other dealer groups making notable buy/sell deals throughout the U.S., which include the following transactions: Group...
Daily Automotive News Articles
online In this article, we’ll explain why photos are one of the most crucial elements of new and used automotive marketing.

Tips and tricks for creating topnotch merchandising photos

- August 17, 2023
I don’t feel like I am overstating anything when I say that photos are extremely important when trying to showcase a vehicle for sale on your dealership website. We’ll explain...
Sales & Marketing Articles
Beyond mere promotion, social media offers dealerships rich insights into customer preferences and trends.

Exploring the impact that social media has on automotive sales

- August 16, 2023
In the dealer’s lounge, you may scroll through Instagram. Not for leisure but to inspect a competitor’s latest post showcasing their newest sedan under a mesmerizing sunset. It may have...
Sales & Marketing Articles
The Phoenix-based Nikola, which produces Class 8 trucks with battery and hydrogen power, recalls 209 Tre BEV trucks and has temporarily stopped new sales.

Nikola launches probe into 209 Tre BEV trucks, halts sales over battery safety issue

- August 14, 2023
The Phoenix-based truck manufacture, Nikola, who produces Class 8 trucks with battery and hydrogen power, is recalling 209 Tre BEV trucks and has temporarily stopped new sales. The actions follow the...
Headlines Articles
Randy Barone, Vice President of Business Development at ACV, and Doug Hadden, ACV Vice President, discuss managing EV inventory.

Q&A with ACV: Managing used EV inventory for greater sales success

- August 14, 2023
As the automotive industry experiences a rapid acceleration of electric vehicle trends, dealerships must adapt to this changing landscape to seize new business opportunities. Transitioning to EVs involves more than...
Sales & Marketing Articles
Automotive industry experts at Experian have reported a leveling off of new car cash deals but a rise for used car transactions.

More cash deals than ever in ’23—How to turn a negative into a positive

- August 14, 2023
‘I can’t wait to take the next cash deal!’ said no F&I manager EVER. Most see them as a ‘dead’ deal where there is little or no chance to hold any...
F&I Articles
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...
Daily Automotive News Articles
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....
Articles Headlines
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...
Sales & Marketing Articles
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,...
Articles Daily Automotive News


Latest Articles
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White House revises metals tariffs, Stellantis eyes Canada EVs with Leapmotor, NHTSA considers ban on faulty Chinese airbags

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Legal battles reshape car sales
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Legal battles reshape car sales

California’s War on Classic Cars Just Hit a Wall—Thanks to Jay Leno
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California’s war on classic cars just hit a wall– Thanks to Jay Leno


CBT News
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