This year’s conditions and others point to continued robust buy-sell activity next year. Pexels/Antoni Shkraba The U.S. dealership buy-sell market is proving to be super-charged this year, as activity in the first nine months is almost double prepandemic volume, according to Kerrigan Advisors data. The sell-side firm said 330 transactions took place during the period…

December 5, 2024 Take the time to illustrate the strengths of providing our customers with the ownership experience they deserve and protection for their investment against inflation. 

Dealers will assess owners’ experiences and make any needed repairs while a final remedy is developed. Volkswagen’s North America arm is recalling more than 4,600 plug-in hybrid cars and SUVs due to the risk of battery overheating. The automaker said it considers overheating incidence rare in the recalled population but that the identified defect increases…

ASE is conducting a series of surveys on various repair categories. Pexels/Tuesday Temptation The National Institute for Automotive Service Excellence, recently commissioned to conduct a series of studies to better understand which repair tasks are performed most frequently, just started a survey focused on brake repair tasks.  Survey participants don’t need to be ASE-certified to…

The incoming Trump administration has indicated it plans to eliminate federal tax credits, a plan multiple corners of the auto industry are trying to change. Pexels/Kindel Media It’s been clear that federal tax credits for electric-vehicle purchases and leases have played a big role in EV transactions. Newly released research shows just how much.  Essentially…

Four out of five dealers agree: Data can help forecast trends, generate and capture demand, become more efficient, and generate bigger profits. This eBook dives into key findings from the 2024 Cox Automotive Power of Data Study, identifying three top challenges facing dealers who want to leverage data and insights—and provides strategies to overcome each…

When each department is complimentary of each other, great things are possible. Pexels/Tara Winstead As an F&I manager, it is very easy to have tunnel vision on the task at hand, to focus on the next customer, your production ranking, making objective, and reaching your goals. Nothing wrong with that. After all, as an F&I…

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Incentives are about 8% of the average transaction price and the highest in three and a half years. Pexels/Sarmad Mughal U.S. new-vehicle sales, with one more month to go in 2024, are on track to best last year’s. A Cox Automotive forecast puts November sales volume at a seasonally adjusted annual rate of 16 million…