Auto Retail News

For many businesses, the holiday season is a peak time to attract customers and boost sales with effective marketing strategies, helping them close the year on a high note. Car dealerships are not exempt from this trend. According to Statista, the co

The auto dealership buy/sell market rose to another record high, with 330 dealership transactions representing 544 franchises sold completed in the first nine months of 2024, according to recent report from Kerrigan Advisors. The recently-released Th

The automotive industry faces unprecedented challenges in protecting customer data privacy. As vehicle transactions increasingly move online and dealerships collect more personal information, the need for robust security measures has never been more

Amazon Autos is live. Started last week, consumers in 48 U.S. cities were able to browse, order, finance, and schedule pickup of a new Hyundai vehicle from their local participating dealer directly on Amazon. The kickoff comes a year after the online

The automotive industry is at a turning point. Long-dominant carmakers in Europe and America now face tough competition from Chinese manufacturers, who are leading the way in electric vehicles (EVs). To stay competitive, many are turning to advanced

Dealers are increasingly optimistic about the future now that the 2024 Presidential election is over, according to the Q4 2024 Cox Automotive Dealer Sentiment Index (CADSI). The latest survey, conducted immediately following the national election in

As sales for Infiniti’s continue a decade long decline, some dealers looking to keep their doors open are being approved for a joint location with Nissan stores. According to recent published reports, an Infiniti dealership sells approximately 24

Three dealers had fallen victim to the same sophisticated fraud scheme in just one week. The story spreading through dealership break rooms across the country is becoming all too familiar. A new wave of digital payment fraud has hit the auto industry

New-vehicle prices in November climbed higher year-over-year for the second straight month as the average transaction price (ATP) was $48,724, an increase of $699, or 1.5 percent, from November 2023, according to data from Kelley Blue Book released D