The Hoblit family has acquired Sankey Automotive Co. — which encompasses Chevrolet, Buick, and GMS franchises — in Colusa, CA from the Sankey family and changed the name to Hobli... Read more
Cox Automotive-owned Clutch Technologies has software it says allows dealerships to offer short- and long-term leases for both new and used inventory, reports Wards Auto. Share this articleL... Read more
Rybrook Holdings, a new and used car dealership group in the United Kingdom, has acquired a Jaguar Land Rover dealership in Stoke, from Pendragon Premier Ltd., reports AMonline. Share this a... Read more
Luxury electric vehicle maker Tesla, after saying it would close its stores in order to save money and lower the price of its vehicles, has now said it will leave some stores open but raise... Read more
Both franchised and independent dealers’ sentiment for the last quarter was negative, though less so than the previous survey, but especially franchised dealers were optimistic about t... Read more
Diversifying vehicle purchase and service options and leveraging new technologies are two ways dealerships can embrace the future of retail automotive, writes Brian Irwin of Accenture in War... Read more
By Don Ray, Portfolio I was asked recently by a friend who is a dealership buy/sell consultant (broker) for my estimation of the net pretax proceeds from a retrospective commission (retro) F... Read more
By Alysha Webb, Editor and Publisher New light vehicle sales growth declined in February. The government shutdown, bad weather, and rising interest rates got the blame. The retail market is... Read more
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