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LMP Automotive

LMP Automotive sells more assets, seeks approval for plan of liquidation

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LMP Automotive Holdings, Inc. and its affiliates announced on Monday that it has entered into an all-cash asset sales agreement to sell several automotive...
Wyler

How Jeff Wyler Automotive plans to use its innovative new retailing...

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Jeff Wyler Automotive Family recently launched a 100% online car buying solution to compete directly with disruptors like Carvana and Vroom. Kevin Frye, the...
Automotive Ventures EVs startups connected car Buick CES

Agency model presses on in markets outside of the U.S. plus...

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Welcome to this episode of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps...
hope

How to find hope and embrace the challenges of life —...

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In his brand new book, “Fireproof Happiness: Extinguishing Anxiety & Igniting Hope,” Dr. Randy Ross makes the case that hope and happiness are integrally...
mergers and acquisitions

Dealership mergers and acquisitions keep going strong in July

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Profit levels are rising even with high inflation and increasing interest rates. This has prompted many dealerships to merge or completely acquire others. July...
car repossessions

Auto loan defaults and car repossessions are rising—should car dealers be...

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Dealership owners are concerned as repossessions continue to increase. According to the Cox Automotive Industry Insights 2021 presentation, repossession in 2020 was the lowest in...
dealers

Kentucky Automobile Dealers Association pres. Jason Wilson on the state of...

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The Kentucky Automobile Dealers Association (KYADA) recently held its 75th annual convention in Asheville, North Carolina. Today on Inside Automotive, we’re pleased to welcome...
digital retailing

Should dealers consider a separate digital retailing brand for their used...

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With Tesla's success and plans and comments from OEMs like Ford CEO Jim Farley, there's no question that digital retailing from automakers may soon be...
NIADA

Why the new FTC provisions would hurt dealers and the car...

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The National Independent Automobile Dealers Association (NIADA) says that a recently proposed rule by the Federal Trade Commission "would place extensive restrictions on the sale,...
Bloomberg

How automakers are restructuring for the current pricing environment ⁠— Kevin...

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We’re in the heart of earnings season, so today on Inside Automotive, we’re joined once again by Kevin Tynan, Bloomberg Intelligence’s Senior Automotive Analyst,...