Trending Auto Retail News
Navigating the Compliance Maze: How UK Dealerships Can Thrive in a Complex Regulatory Landscape
The UK automotive industry operates within a complex regulatory landscape, where compliance is no longer an afterthought but a critical factor for success. From stringent data protection laws to evolving financial regulations, dealerships face increasing pressure to...
HERE Technologies Unveils AI-Powered Intelligent Guidance Assistant for Software-Defined Vehicles and Transportation Companies
HERE Technologies, the leading location data and technology company, unveiled its latest artificial intelligence (AI) solution, the HERE AI Assistant. Designed to address the evolving needs of the automotive and transportation industries, this cutting-edge solution...
Georgica Auto Holdings, Catskill Automotive Partners, Chico Mazda & Volkswagen, Grubbs Family of Dealerships: Dealership Deals
Georgica Auto Holdings Acquires Dealership from Group 1 Georgica Auto Holdings (GAH) has acquired Kolb Subaru, a dealership in Orangeburg, NY, from Group 1 Automotive. The addition of Kolb Subaru expands GAH's footprint in the Northeast and is GAH's third Subaru...
Software Defined Vehicles: A New Era for Automotive
The automotive industry is undergoing a huge transformation as this rise of software-defined vehicles (SDVs) and connected mobility drives OEMs to adopt more tech-driven strategies. This rise in SDVs is currently set to create over $650 billion in value for the...
DealNow.Com Introduces Instant Loan Lookup and Payoff Solution To Simplify Inventory Acquisition For Dealers
DealNow, the first-of-its-kind service that enables secure and seamless online transactions for any vehicle –including cars, RVs, boats, and other recreational vehicles– announced the launch of its new Instant Loan Lookup and Payoff Solution, designed to reshape...
Asbury Automotive Group to Purchase Herb Chambers Cos. For $1.3B
Asbury Automotive Group has signed a definitive agreement to acquire one of the largest private dealership group New England for $1.34 billion. Asbury announced on Feb. 18 reached a deal with The Herb Chambers Companies (HCC), the fourteenth largest by revenue...
The End of the Auction Era: Why Direct-to-Consumer Inventory is Driving Dealership Growth
The automotive retail world is changing fast, and dealerships are under pressure to keep up with customer expectations while staying profitable. One big shift is the move to direct-to-consumer (DTC) inventory sourcing. By cutting out auctions and wholesalers,...
Highnote Announces Fasten Rewards Partnership to Launch Consumer Credit Card Rewards Program
Highnote, a leader in modern card platform management, announced the launch of a new consumer credit card program with Fasten Rewards. Leveraging Highnote's customizable platform, Fasten aims to strengthen the relationship between drivers and dealerships by providing...
A Third of Middle-Class U.S. Households Plan to Buy Vehicles in 2025
A survey by financial services company Santander US found that a third of middle-income households making between $50,000 and $148,000 annually intend to buy a car this year. A number of those weighing whether to buy have started taking action. About 65 percent have...
How to Keep Your Dealership Ahead of the Competition in 2025
Competition has always been a significant challenge for dealerships, requiring more than just an impressive inventory to stay ahead. With more people expecting convenience, transparency, and value, dealerships must rethink their strategies and move beyond traditional...
Brad Eichers Inducted into the Utah New Car Dealer’s Hall of Fame
The Utah Automotive Hall of Fame has inducted Ken Garff Automotive Group executive and partner Brad Eichers into the prestigious Utah New Car Dealer's Hall of Fame, recognizing his remarkable contributions to the automotive industry and his lasting impact on the...
Florida Dealers File Suit Against Scout Motors
Florida is the next battleground between franchised dealerships and automakers looking to sell directly to the consumer. Volkswagen and Audi dealers in the Sunshine State filed a lawsuit against Scout Motors that alleges its direct-sales model for vehicle sales and...
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