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Dealer Opsby StaffAugust 26, 2022

Group 1 Automotive to Keep Focus on Acquisition

Group 1 Automotive Inc. will focus on growth through acquisition in the U.S. and UK, says Daryl Kenningham, incoming president and CEO.

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Auto Financeby StaffAugust 25, 2022

Consumers Shifting Back to Used Vehicles as Inventory Shortages Continue

As used originations increase, credit unions reach nearly 26% total vehicle financing market share, the highest volume in five years.

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Awardsby StaffAugust 25, 2022

High Gas Prices, Record-Breaking Transaction Prices Increased Q2 Interest in Cars, Electrified Vehicles

Car shopping gained share among both luxury and non-luxury shoppers in Q2 amid high gas prices, increased average transaction prices and ongoing vehicle supply challenges.

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Dealer Opsby StaffAugust 25, 2022

Market Not Ready for EVs

Reaching the Biden Administration’s goal of 50% of U.S. new vehicle sales being BEVs by 2030 is unlikely, says Jack Hollis of Toyota in a webinar.

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Dealer Opsby StaffAugust 25, 2022

New Vehicle Transaction Prices Edge Higher

J.D. Power and LMC Automotive report predicts average new vehicle transaction prices will hit a record $46,259 in August.

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Showroomby StaffAugust 23, 2022

Black Book: Market Insights Report

Lower consumer demand has impacted buyer behavior at auctions around the country, but this past week, sellers began to hold firm on floors and the sales rate reflected this change in behavior.

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Dealer Opsby StaffAugust 23, 2022

Job Cuts on the Horizon at Ford Motor Co.

Ford Motor Co. will eliminate 3,000 jobs globally, according to a letter sent to employees Monday.

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Dealer Opsby StaffAugust 23, 2022

EV Competition Heats Up

Tesla faces new competition as new electric vehicle manufacturers come onto the scene.

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Dealer Opsby StaffAugust 22, 2022

Join Dealers and Industry Suppliers at ADX's Cookout Extravaganza!

Dealership executives who apply and qualify will also receive complimentary flights, hotel stay, and participation in the ADX golf tournament.

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Dealer Opsby StaffAugust 18, 2022

More Auto Borrowers Struggling to Make Auto Loan Payments

Recent data points to more auto borrowers struggling to keep up with loans, but default rates remain below pre-pandemic levels.

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