As 2025 nears its end, Hudson Automotive Group has pulled off one of the year’s biggest deals. In fact, the Charleston, S.C.-based dealership group’s acquisition of All Star Automotive Group’s 15 franchises in the Baton Rouge, La., area is the second-largest of the year in the number of franchises involved, according to Kerrigan Advisors, which […] [Read More]

During Veteran’s Day week, Walser Automotive Group is being recognized for its commitment to military service members, veterans and their families. The Minnesota-based dealership group will become the first automotive retailer in the state to be recognized as a Beyond the Yellow Ribbon company, which denotes employers that actively support the military community. Beyond the […] [Read More]

RockED has yet another new partner. The automotive sales enablement training platform’s latest deal is with dealership software provider VINCUE to embed dealership training and certification programs directly into the VINCUE platform. In a news release, RockED said its context-based training enables dealerships to onboard quickly and provide intelligence and strategy, and its CoPilot technology […] [Read More]

A survey showing a disconnect in dealerships has led to a new partnership — and a new artificial intelligence tool to address that gap. The survey, conducted by Spyne, an India-based AI technology firm making inroads into the U.S. market, found 81% of American car dealerships said they lose customer conversations or leads because their […] [Read More]

The beat goes on for Lithia & Driveway. The most active dealership group in the M&A market has added two more dealerships, announcing the acquisition of two luxury stores in Southern California. The purchase of Porsche Beverly Hills and Audi Santa Monica from Geoffrey Emery adds an estimated $450 million in annualized revenue, Lithia said […] [Read More]

Carvana’s used unit sales in its third quarter set a new sales record. The company is also making strides toward its previously announced goal of selling 3 million used vehicles annually within the next five to 10 years with a pilot program that provides same-day or next-day delivery of vehicles to customers in its Phoenix […] [Read More]

Roger Penske is quite pleased with his used-car operation’s performance in the third quarter. After all, on a same-store basis revenue from used-vehicle sales companywide was up 7.5% year-over-year and gross profit rose 5.7%, with gross per vehicle retailed up 8.5% same-store and 12.2% overall. But the chairman and CEO of Penske Automotive Group knows […] [Read More]