Certified pre-owned vehicle sales took a tumble in August, but remain just under 2% ahead of the record 2019 pace. [Read More]

Kelly Stumpe grew up the dealership world and began her own auto industry career at a BMW store in 2016. And last year, she used that dealership savvy and automotive know-how to launch The Car Mom, a multi-platform resource to help moms and families make informed and confident car-buying decisions. Stumpe joined Cherokee Media Group’s […] [Read More]

If you live in a Western state, chances are the landscape features more than just mountainous scenery. It may also include pricey used vehicles. Same goes for two metro areas of South Florida. [Read More]

More evidence arrived on Tuesday reinforcing why franchised dealerships are integral cogs in their community economic engines. According to the annual economic impact report compiled by Autos Drive America and the American International Automobile Dealers Association, the 9,400 international nameplate automobile dealer franchises across the country utilize 542,000 direct employees. Furthermore, the report also highlighted […] [Read More]

If you have tuned into the start of college football, you may have noticed something new about the Dr. Pepper “Fansville” commercial. This particular one features Clemson quarterback D.J. Uiagalelei, a move made possible by the NCAA’s new policy and state-by-state laws that allow student-athletes to benefit from their own name, image and likeness. While […] [Read More]

A few moments after his keynote presentation at the 25th Non-Prime Auto Financing Conference hosted by the National Automotive Finance Association, Cox Automotive chief economist Jonathan Smoke sat down with senior editor Nick Zulovich for a wide-ranging conversation. Smoke recapped the highlights of his presentation, including a popular song from the 1980s to summarize what’s […] [Read More]

So much of our daily life is filled with interconnected digital experiences, and more so when making a purchase. Tools, software platforms and services create a highly connected digital ecosystem, which can facilitate a positive experience throughout a car buyer’s journey, while also delivering the transparency consumers desire. Creating a digital ecosystem is key to […] [Read More]

The wholesale used-car market showed some muscle last week, both in terms of prices and sales rates at the auctions. According to Black Book’s latest Market Insights report, car values reversed course and showed an increase last week, while the depreciation in truck segments was less than a third of what it was the prior […] [Read More]

Haig Partners highlighted how lucrative it has been to be a franchised dealer, especially since the midpoint of 2019. According to Q2 2021 Haig Report, the firm discovered through its project that tracks trends in auto retail and how they impact dealership values that for the 12-month period that ended June, average adjusted dealership profits […] [Read More]

It’s Brake Safety Week, an annual event organized by the Commercial Vehicle Safety Alliance (CVSA) to raise awareness among fleets of the importance of diligent brake maintenance. This year, the event comes at a particularly fitting time — as the economy reopens, schools go back in session and freeways flood with workers returning to the […] [Read More]