The estimated average transaction price for light vehicles in the United States was $36,978 in November 2018, up 2 percent year-over-year. Much of the growth took place in the pickup truck a... Read more

Publicly-listed Group 1 Automotive Inc.  the opening of dealerships in three open points, including an Acura store in Sugar Land, TX; a Porsche store in El Paso, TX to open in December; and... Read more

The California New Car Dealers Association has sent letter to Ford Motor Co. asking the automaker to end a policy set to go into effect around January 1 requiring dealers to build separate L... Read more

Though rising interest rates have made zero percent financing a rare bird, GM, Ford, and Nissan are advertising zero percent financing deals on the heels of Black Friday, reports Bloomberg.... Read more

Slowing retail sales, rising interest rates, and blue sky multiples that haven’t corrected mean this is a good time to sell for some dealers, says Phil Villegas of Axiom Advisors in Wa... Read more

Dealerships must find innovative ways to profit from used cars, including fleet management and greater control over inventory and marketing, reports Automotive News. Share this articleLinked... Read more

Publicly-listed AutoNation Inc. and used car subscription firm Fair have formed a partnership under which AutoNation customers at certain dealerships will be able to access Fair’s inve... Read more

Brodie Cobb, founder and CEO or San Francisco-based The Presidio Group, a financial advisory and investment banking firm, says dealerships need a 20-year plan that allows them to thrive in a... Read more