Tag: acquisitions
Dealer Inspire’s Joe Chura and Credit IQ’s Bill Liatsis talk $30M...
In case you missed it, Cars.com has acquired fintech company Credit IQ. The $30 million deal is welcome news for many dealers as a...
Hoffman Auto Group celebrates 100 years in the business: Co-Chairman Bradley...
Hoffman Auto Group, based in Connecticut, is celebrating 100 years in the business this year. From a single Ford store in 1921, the family-owned...
Brian Pasch on what you can expect from the 2021 Automotive...
Do you have a winning strategy going into the new year to generate more revenue? If not, the Automotive Analytics & Attribution Summit (AAAS)...
Why car dealers need to focus on increasing customer loyalty today
Industry experts are predicting continued inventory shortages well into 2022 and according to IHS Markit data, brand loyalty for new vehicle customers has dropped...
The unique challenges dealer groups are facing when comparing marketing reports
On the latest episode of Auto Marketing Now, host Brian Pasch talks about the unique challenges dealer groups face when trying to compile comparison marketing...
Sonic Automotive Buys 33-store RFJ Auto Partners in deal worth $700...
North Carolina-based Sonic Automotive has confirmed a blockbuster deal, announcing the purchase of the RFJ Auto Partners group. The enormous transaction adds 33 storefronts...
Making the most out of your marketing strategy in today’s climate
As low inventory and chip shortages stick around, should dealers cut back or double down in their advertising spend? On today’s show, we’re pleased...
DealerSocket lays off large portion of employees as part of restructuring...
Dozens of DealerSocket employees were let go from their jobs in July effective immediately, just two months after the Software as a Service (SaaS)...
KAR Global makes digital waves by acquiring BacklotCars
KAR Global announced a definitive agreement to acquire BacklotCars Inc. According to a KAR Global, the deal is still subject to certain regulatory approvals...
