1+ day, 3+ hour ago  (668+ words) Plus, a look at other buy/sells from the week One of our goals with CDG Circles is to drive at least $100M in cumulative dealership profit growth or savings, across the entire community, in the first year. So, starting this…...

1+ day, 10+ hour ago  (260+ words) Driving the news: Disruption risk around the Strait of Hormuz could affect U.S. car dealerships, particularly with reconditioning costs, parts availability, and shifting consumer demand, according to an advisory by Spyne AI. For context: The Strait, at Iran's southern border, connects…...

1+ day, 13+ hour 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…...

1+ day, 14+ hour ago  (249+ words) Driving the news: The online retailer Carvana purchased a Stellantis dealership in Massachusetts from Lawrence Gordon of Colonial Automotive Group in a deal that closed March 3. For context: Carvana bought the former Colonial Dodge, Chrysler, Jeep, Ram, in Hudson, Mass.,…...

1+ day, 21+ hour 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…...

1+ day, 21+ hour 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…...

2+ day, 3+ hour 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:…...

2+ day, 13+ 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…...

2+ day, 21+ 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…...

2+ day, 21+ 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…...