Dealer News

At the virtual Extraordinary General Meeting of Daimler AG on Oct. 1, the shareholders decided by an overwhelming majority on the historic realignment of the company. The spin-off of the…
Retail sales of new vehicles for this September are expected to reach 888,900 units, a 24.8% decrease compared with September 2020, and a 19.8% decrease compared with September 2019 when…
Attorney General Maura Healey issued an advisory to consumers and auto dealers, notifying them of their respective rights and obligations when it comes to automobile advertising and pricing. Specifically, the…
Asbury Automotive Group, one of the largest automotive retail and service companies in the U.S., entered into a definitive agreement with Larry H. Miller Group of Companies to acquire Larry…
September U.S. auto sales are forecast to be significantly hampered by an ongoing lack of new-vehicle inventory. According to a forecast released Sept. 27 by Cox Automotive, the pace of…
According to the J.D. Power 2021 U.S. Dealer Financing Satisfaction Study, lenders who find ways to form close relationships with dealers and deliver consistently high service levels are best positioned…
Car shoppers—including millennials—prefer the traditional dealer-centric car shopping experience to direct retail by nearly a three-to-one margin. Further, nearly one-third of shoppers expect to lean on a car dealer as…
Nearly half of car shoppers are exiting the market and delaying their purchase for the next several months due to the impacts of the global microchip shortage on the automotive…
The National Highway Traffic Safety Administration (NHTSA) has opened a new investigation into 30 million vehicles built with potentially defective Takata airbags, according to documents seen by Reuters. The NHTSA…