4+ day, 14+ hour ago   (512+ words) In Cox Automotive’s latest survey of sentiment, dealers cited affordability pressures, rising inflation, higher interest rates and economic uncertainty as key factors for what amounts to a decline. The Q3 Automotive Dealer Sentiment Index survey was conducted between July 22 and Aug....

5+ day, 19+ hour ago   (1336+ words) It’s created a service gap that represents an opportunity for other Chrysler Dodge Jeep Ram dealers. When used car behemoth Carvana began acquiring new car dealerships in early 2025, Chrysler Dodge Jeep Ram dealers fretted about what it would mean for…...

3+ week, 4+ day ago   (907+ words) The opportunity appeared when Group 1 unexpectedly closed one of its Austin stores. Sunny Rathore typically has multiple meetings lined up with vehicle manufacturers each year at the National Association of Minority Automobile Dealers annual meeting. But due to a NAMAD…...

1+ mon, 2+ day ago   (429+ words) The partnership promises transparent pricing and a streamlined purchase process, and LaFontaine says it’s the next evolution in an omnichannel retail strategy. Amazon Autos launched its retail partnership with Hyundai Motor Co. in December 2024, allowing customers in 48 U.S. cities to…...

1+ mon, 3+ day ago   (583+ words) The surge of lease returns is good business even if lessees get their next vehicle at a different dealership. The popularity of leasing and a rising number of lease returns is music to the ears of Penske Automotive Group. Prior…...

1+ mon, 2+ week ago   (978+ words) While the California dealer group already puts AI to use in a range of tasks from compliance insights to crafting pay plans, its sales and finance director has suggestions for the future. Artificial intelligence does not mean that people are…...

1+ mon, 2+ week ago   (1311+ words) Car shoppers are reprioritizing expectations and having advanced technology in their vehicles matters — especially for those under 45, a recent study finds. So what can legacy OEMs do? The auto affordability dilemma isn’t a U.S. one; it’s a global one. Across…...

1+ mon, 3+ week ago   (689+ words) Dealers are increasingly eyeing luxury brands as well as volume franchises such as Honda and Toyota. But that’s only part of the surge. It’s a “K-shaped” dealership M&A market, as buyer demand drives up the price for the most…...

1+ mon, 3+ week ago   (854+ words) Satisfying the longtime owner’s demands was the biggest hurdle, said Jay Trivedi. Jay Trivedi arrived in Canada as an international student from India in September 2010 with only 500 Canadian dollars in his pocket. Now, Trivedi is a dealer principal, having just…...

2+ mon, 1+ week ago   (678+ words) A dealer partner across the street from the auto group’s latest CDJR acquisition made the store attractive, President Matt Serra said. Serra Automotive Group in June acquired its fifth Chrysler Dodge Jeep Ram store in Michigan. Its past success with…...