Auto Retail News

The National Automobile Dealers Association (NADA) reported that new light-vehicle sales in October 2024 came in with a SAAR of 16 million units, the highest in six months and was up 4.6 percent from October 2023. Through the first 10 months of the y

A recent Urban Science report found electric cars sales gained market share in the third quarter of 2024, rising to 22.1 percent of all retail sales, a 3.1 point increase compared to the same time last year. Combined sales of battery electric vehicle

While a majority of car owners still choose independent repair facilities and car service chains, fixed operations at dealerships continues to make in-roads, according to CDK’s Service Shopper 4.0 study. In a survey of over 2,000 customers who had

In today’s competitive dealership landscape, employee turnover remains a significant challenge. Research from the Work Institute shows that 34 percent of employees leave their jobs due to a lack of career development opportunities, and disengaged e

Gubagoo has partnered with all U.S.-based Audi dealers for modern chat and digital retailing tools to enhance sales and performance, as well as elevate the customer experience both online and in-store, according to company officials. As part of the A

A recent AppraisalPRO’s nationwide survey found that consumers are not always being forthright about the conditions of the car before they sell it. The report disclosed that nearly one in five American car owners admit the last car they sold had se

The service department plays a supportive role in sustaining dealership profitability alongside sales and other services. According to the National Automobile Dealers Association (NADA), dealership service and parts sales amounted to an impressive $1

Victory Automotive Group Purchases California Dealership The Tim Lamb Group recently brokered the sale of Harvey Auto Group’s San Leandro Mazda dealership to the Victory Automotive Group. The deal, finalized Oct. 21, is Victory’s 53rd store in th

Haptic technologies deliver feedback through the sense of touch, from simple vibration alerts all the way to immersive tactile interactions. In 2024, the largest market for haptics is in smartphones, but as the smartphone market stagnates, the indust