Tag: automotive industry trends

When it comes to selling their business, many dealers overlook a critical component of the transaction: real estate. With mergers-and-acquisitions activity still lagging behind...

If your dealership has been firing on all cylinders and the bottom line is healthy, it's only natural to think about expansion. Yet, knowing...

Dealership managers often struggle to scale their products or services in affordable way, especially when operating independently or in their first few years of...

Dealership values remain higher than before the pandemic but have started to decline in the latter half of 2023. This has led some to...

President Biden encouraged United Auto Workers members to expand their influence to non-unionized automakers during an appearance at a Thursday event hosted by the...

Welcome back to the latest episode of The Future of Automotive, with Steve Greenfield, Founder and CEO of Automotive Ventures, where we put recent...

Wholesale used vehicle prices declined slightly in October as the market continued to fluctuate in response to the post-pandemic economy. According to Cox Automotive's monthly report,...

At the end of October, Sonic Automotive held its third-quarter earnings call with shareholders, sharing details of its performance over the period and setting...

Retail automotive continues to change under a multitude of factors, from fluctuating interest rates to changing consumer preferences. As dealers prepare for the new...

For many years, lead defection has been a frustrating but unavoidable headache for dealers, who have historically lacked the necessary tools to identify consumers...