Dealer News

TrueCar forecasts total new-vehicle sales will reach 1,292,064 units in July 2021, up just 1% from a year ago but down 8% vs. June 2021, when adjusted for the same…
The Conference Board Consumer Confidence Index was relatively unchanged in July, following gains in each of the prior five months. The Index now stands at 129.1 (1985=100), up from 128.9…
Penske Automotive Group and Cox Automotive have jointly developed a transformational, fully automated technology platform to enable the online retail sale of used vehicles. The automated online buying platform, which…
The 4Less Group, Inc. reports that it expects to launch a beta version of its multi-vendor automotive parts marketplace, Autoparts4less.com, on Aug. 25. The beta version will have a diverse…
The Chicago Auto Show opened to the public this week with a 2021 Special Edition taking place through July 19 inside McCormick Place’s West Building and outdoors along Indiana Avenue.…
GemCap provided a $7.5 million leverage facility for FlexPath Capital, which focuses on independent auto dealerships. “I’ve watched FlexPath over seven years and seen them evolve into a full-spectrum auto…
Michigan drivers would be able to register any vehicle or transfer a title at their local dealership under new legislation introduced by state Sen. Roger Victory. “This is about creating…
Black Book announced a new data integration with HopDrive, a specialist in concierge vehicle pickup and delivery for dealerships and customers. Black Book data is now being integrated with HopDrive’s…
BMW of North America recently reported Q2 2021 sales of 96,561 BMW vehicles in the U.S., an 89.5% increase compared to the same period last year, and a 15% increase…