News
Stop chasing one-time sales: How top dealers are building repeat revenue machines
32+ min ago (954+ words) FeaturingPaul Nadjarian, Chief Product Officer at Carfax Welcome to another edition of the Car Dealership Guy Podcast Recap'a rundown of key lessons from top operators, founders, and execs shaping the future of auto retail. Today's guest is Paul Nadjarian, Chief…...
Broadcast ads still critical to dealer ecosystem despite digital dominating
8+ hour, 51+ min ago (386+ words) Digital dominates automotive advertising, but broadcast remains a key platform for dealers looking to move product, according to Cox Media Group Executive Chairman Steve Pruett. The details: Even as digital reshapes the automotive advertising landscape, Pruett argues broadcasters, including radio…...
Lithia buys Toyota dealership in metro-Nashville market
8+ hour, 54+ min ago (186+ words) Driving the news: Lithia Motors, Inc. purchased Toyota of Gallatin from Dave Stumbo of Stumbo Automotive in a deal that closed on March 2." For context: The public retailer, which also closed on a Mercedes-Benz store in February, will keep the…...
Scout Motors announces 160K+ vehicle reservations days after lawsuit filing
13+ hour, 45+ min ago (424+ words) Scout Motors said more than 160,000 people have made reservations for its Terra pickup and Traveler SUV, a milestone announced the same week two dealers filed a class-action lawsuit against the company and Volkswagen over its proposed direct-to-consumer model. For context:…...
Tameron Gulf Coast adds dealerships selling Volvo, Volkswagen, and Audi
1+ day, 5+ hour ago (150+ words) Driving the news: Michael Joe Cannon and Ryan Mayer of Tameron Gulf Coast, a division of Cannon Motor Co., acquired dealerships in Mobile, Alabama, from Carlock Automotive in a February 23 deal. For context: Tameron Gulf will keep the same names…...
'Made in EU' vehicle rules draw industry pushback
1+ day, 8+ hour ago (474+ words) A plan by the European Union to introduce stricter guidelines for locally made vehicles is drawing criticism from partners and competitors across the auto industry. First things first: The plan, unveiled Tuesday, would introduce "Made in the EU" rules for…...
57% of dealership staff report using AI
1+ day, 8+ hour ago (352+ words) AI usage in auto retail is surging, with clear use cases emerging as the technology becomes more mainstream in the business, according to Reynolds & Reynolds. The details: A survey of more than 500 dealership employees across departments found the most common…...
Mastrovito Auto Group adds new brand, acquires second N.Y. dealership
1+ day, 22+ hour ago (136+ words) Frank Mastrovito told a TV news station that he has now made good on a goal he shared with his parents as a kid: Owning multiple dealerships on Commercial Drive in Yorkville, New York." Driving the news: With his namesake…...
Dealers may be sitting on millions in untapped data, says Conversica CEO
2+ day, 8+ hour ago (395+ words) In the dealership world, operators spend enormous energy chasing, tracking, and responding to leads. But even though that's the reality, Conversica CEO Michael Gilson says most operators are still overlooking a fundamental problem: not being able to access their own…...
Lithia Motors buys Mercedes-Benz dealership in Medford, Ore.
3+ day, 2+ hour ago (176+ words) Driving the news: Lithia Motors, Inc. acquired a luxury dealership located just miles away from its global headquarters in a February 23 deal with Lancaster County Motors." For context: Lithia's deal to purchase Mercedes-Benz of Medford, in Oregon, also included the…...