Both the National Auto Auction Association and the National Automobile Dealers Association are looking to support their members who have employees impacted by the flooding generated by Hurricane Ida, Tropical Storm Nicholas and other recent storms. The support systems of each association — the NAAAWYSF Disaster Relief Fund and NADA’s Emergency Relief Fund, respectively — […] [Read More]

The parade of records connected with franchised dealerships just keeps on marching. According to the Second Quarter 2021 Blue Sky Report by Kerrigan Advisors, the dealership buy/sell market hit yet another historic high, with 320 transactions completed in the 12-month period since the economy re-opened in June 2020. [Read More]

Black Automotive Media Group recently played a key role in launching an intiative that resulted in launching automotive media internships for North Carolina Central University and Clark University students. The program behind these internships — "Driving Force" — will work to offer multi-media career development to undergraduates at historically black colleges and universities (HBCU). The program will also […] [Read More]

The average used vehicle sold at a modestly more brisk clip in August (34.6 days to sell) than it did in July (35.4 days), according to a recent analysis from iSeeCars.com. And the fastest-selling used vehicle last month sold twice as quickly as that. For the third month in a row, the Tesla Model 3 had […] [Read More]

This year's J.D. Power APEAL (automotive performance, execution and layout) Study results put Porsche ranking highest among the premium brands, Dodge on top for mass market brands, and General Motors taking home the most vehicle segment-level awards. The study showed the "new vehicles are more appealing than ever" with some very successful launches for 2021.  […] [Read More]

The assertions Edmunds made after sharing its latest data on used-vehicle retail prices and trade-in values might be a good news-bad news scenario for dealerships. [Read More]

Being the music aficionado he is, perhaps Cox Automotive chief economist Jonathan Smoke might recommend the 1980s hit song by Matthew Wilder titled “Break My Stride” to summarize the most recent Cox Automotive Dealer Sentiment Index (CADSI). [Read More]

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]