Dealer News

Average transaction prices decreased to $46,404 in January 2022, according to new-car data released today by Kelley Blue Book, after reaching a record high in December 2021. Prices fell 1.8% …
Ohio luxury car dealer and Republican Bernie Moreno has given up his bid for the open U.S Senate seat in Ohio. He was one of nine Republican candidates still in…
Premier Financial Services—a provider of specialty financing for exotic, vintage and luxury automobiles—says that 2021 was the most successful year in the company’s 25-year history, with a 20% increase in…
For the second consecutive year, new motorcycle and scooter sales are up. For the full year 2021, sales of all on-road motorcycles (including scooters, on-highway, and dual) were up 14.2%.…
Customers mistakenly thought they had won prizes after receiving mailers from Traffic Jam Events, according to the Federal Trade Commission. The FTC said the marketing group misrepresented itself as being…
While Bitcoin may not yet be accepted as a medium of exchange for everyday items, luxury car dealers have seen a notable increase in customers wanting to transact in Digital…
Dealers started 2022 in a stronger inventory position than December, however, new inventory is not being added to lots fast enough to replace current demand, and inventory shortages may remain…
Thousands of guests filled the 2022 Washington, D.C. Auto Show to check out elaborate displays from Toyota, Ford, Chevrolet, Stellantis, Acura, Honda and Subaru. Crowds gathered around the all-new Toyota…
Customers who are buying, servicing, or trading in their used car can now look for the CARFAX Lifetime Dealer Badge. This elite group of dealers offers vehicle history reports, showcases…