Publicly-listed Lithia Motors Inc. has raised cash and opened a line of credit as its CFO says acquisitions are its “bread and butter,” reports the Wall Street Journal. Share thi... Read more

The Q4 2019 Cox Automotive Dealers Sentiment Index (CADSI) found franchised dealers were slightly negative about the current market and concerned about the economy, said Cox in a press relea... Read more

Hanlees Auto Group, based in Northern Califonia’s Napa Valley, will relinquish its Volkswagen franchise in favor of Subaru after Subaru said it did not want the VW franchise to occupy... Read more

Houston-based private equity firm ZT Motors aims to acquire 15 to 20 auto dealerships in the southern U.S., especially Houston, reports The Journal. Share this articleLinkedinFacebookTwitter Read more

The valuation analysts at Kelley Blue Book today reported the estimated average transaction price for a light vehicle in the United States was $38,393 in November 2019.  New vehicle prices i... Read more

New light vehicle retail sales in November will rise 1.2 percent on an adjusted-day basis compared to the same month in 2018 to 1.18 million units, helped by generous incentives as dealers t... Read more

The NADA has created a guide for its members to help them determine their franchise’s valuation, including what factors go into determining a dealership’s value and areas to cons... Read more