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J.D. Power and GlobalData forecast a monthly new vehicle sales total of over 1.38 million units this June.

June new vehicle sales and inventory improve while profit margins shrink

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J.D. Power and GlobalData forecast a monthly new vehicle sales total of over 1.38 million units this June, placing the automotive industry well ahead of its position...
AutoNation has expanded once again, this time buying five dealerships from the Bob Baker Auto Group in Carlsbad, California.

AutoNation purchases 5 stores in California, Goode Motor Auto Group enters...

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The following notable M&A deals were finalized in the past few months, involving numerous brands and a few high-profile dealer groups.  AutoNation AutoNation has expanded once...
Ford layoffs

Ford announces new round of layoffs to support EV transition

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In its latest effort to streamline operations and reduce costs, Ford is preparing to initiate another round of layoffs in the upcoming weeks.  The layoffs...

Morgan Automotive Group makes M&A history with purchase of Al Hendrickson...

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Listen to this article: This week, Haig Partners served as the exclusive sell-side advisor for the most expensive dealership purchase in history with the sale of Al...

Q&A with ACV’s Randy Barone: How to perfect your dealership’s wholesale...

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In today's dynamic wholesale market, dealers are challenged with navigating historically high used car prices and fluctuating inventory within a digital environment. To stay...
Mercedes-Benz, Microsoft

Microsoft and Mercedes-Benz reveal plans to test ChatGPT in cars

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On June 15, German automaker Mercedes-Benz and Microsoft are partnering to test in-car ChatGPT artificial intelligence, which will be available to more than 900,000...
Sean Gardner joins Inside Automotive to discuss two complicated issues: negative equity and trade-in customers.

3 tips for helping trade-in customers with negative equity — Sean...

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The number of consumers with negative equity has grown in the post-pandemic era, making trade-ins more difficult for all parties. On this episode of...

How car dealers found success in a complicated first-quarter

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With the arrival of summer drawing ever closer, car dealers are anxious to know where the auto industry stands and where it will go...

Transaction prices increase, next-gen Chevy Bolt, Tesla autopilot incidents

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Inside Automotive 3 tips for helping trade-in customers with negative equity — Sean Gardner | Joe Verde Group The number of consumers with negative equity has...
Mike Darrow, president and CEO of TrueCar, to discuss the DrivenToDrive initiative and his perspective on the new and used market.

Talking shop: vehicle affordability, digital retailing, and philanthropy — Mike Darrow...

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TrueCar, a digital dealer based in California, is the nation's "easiest, most efficient and transparent online destination for buying and selling new and used...