Recall work: your service departments chance to impress
Automotive recalls in the U.S. rose 3.4% in the first quarter of 2023, up from 237 in Q4 2022 to 245 events in Q1. According to Sedgwick brand protection’s latest...
TSLA342.240-10.58%
GM72.530-0.9%
F11.555-0.055%
RIVN14.644-0.646%
CYD39.420-0.36%
HMC23.335-0.505%
TM202.420-2%
CVNA312.220-4.63%
PAG148.060-0.65%
LAD259.9602.39%
AN194.700-2.12%
GPI324.965-2.035%
ABG195.6450.245%
SAH62.770-0.54%
TSLA342.240-10.58%
GM72.530-0.9%
F11.555-0.055%
RIVN14.644-0.646%
CYD39.420-0.36%
HMC23.335-0.505%
TM202.420-2%
CVNA312.220-4.63%
PAG148.060-0.65%
LAD259.9602.39%
AN194.700-2.12%
GPI324.965-2.035%
ABG195.6450.245%
SAH62.770-0.54%
TSLA342.240-10.58%
GM72.530-0.9%
F11.555-0.055%
RIVN14.644-0.646%
CYD39.420-0.36%
HMC23.335-0.505%
TM202.420-2%
CVNA312.220-4.63%
PAG148.060-0.65%
LAD259.9602.39%
AN194.700-2.12%
GPI324.965-2.035%
ABG195.6450.245%
SAH62.770-0.54%
dealership news
Dealers gather to celebrate the inaugural FADA Hall of Fame inductees
In an inaugural event, the Florida Automobile Dealers Association (FADA) on November 2 inducted 15 legendary automotive retailers into its Hall of Fame, recognizing each individual for their commitment to...
CarGurus report highlights disconnect in consumer behavior, OEM forecasts
Consumer behavior trends seemed to contradict narratives set by automotive industry leaders throughout October, according to a new intelligence report by CarGurus.
October presented challenges and even setbacks for many automakers,...
Why second-generation dealers are less common in today’s buy-sell market — Farid Ahmad | DSMA
The dealership buy-sell market has changed substantially in 2023 under the weight of economic headwinds, new technologies, and uncertainty toward the future. Knowing the landscape of today's M&A sector is...
Fleet sales take first hit in 2023 during UAW strike
In a first for 2023, fleet sales dipped in October due to production halts caused by the United Auto Workers strike, according to Cox Automotive.
Fleet sales declined 10.4% from October...
Dealership valuations remain strong but forecasts starting to weaken
Most auto retailers have remained confident in their dealership valuations throughout the 2023 buy-sell market, but a growing number are starting to feel less certain due to demand and profit-margin...
United Auto Workers shares updates on General Motors contract
United Auto Workers leaders on Saturday detailed the union's tentative agreement with General Motors, the last of the Detroit-Three automakers to reach a deal.
According to the UAW's announcement, General Motors...
Overcoming the trust gap between in-store and digital retail — Chase Abbott | Cox Automotive
Dealers often prioritize their in-store activities over their digital retail operations due to a lack of trust in modern technology and today's car buyers. However, not only are both approaches...
United Auto Workers sets sights on non-unionized companies, targets Toyota
With their fight against Detroit-Three OEMs (presumably) won, United Auto Workers leaders are turning their attention toward non-unionized automakers in the U.S., such as Tesla and Toyota.
In a series of...
Ford sales take first dive in 2023, ICE declines while EVs rise
Ford sales declined for the first time this year in October, during which the company navigated a six-week United Auto Workers strike and disappointing third-quarter earnings.
The automaker's total vehicle sales...
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