Online registration and hotel selection for the 2017 NADA Convention and Expo in New Orleans is now open. The four-day convention, which runs from Jan. 26-29, will be held at the Ernest N. Morial Convention Center. Considered the auto industry event of the year, the NADA convention includes dealer franchise meetings, workshops, an exhibitor showcase […] [Read More]

Not long after Volkswagen made some progress in satisfying “Dieselgate” issues with federal regulators, the automaker is now facing lawsuits filed by three highly populated states that reportedly have more than 50,000 of these vehicles — New York, Massachusetts and Maryland. On Tuesday, the attorneys general from those three states announced lawsuits against Volkswagen as […] [Read More]

Summer barbeque season brings out summer barbeque conversations. I was gathered around the barbeque with friends when the discussion became heated.   The topic? No, it wasn’t the merits of grilling with charcoal versus gas but whether to buy or lease a car. It’s a hotter topic today than ever since we’re looking at an […] [Read More]

As widely reported on Monday, the Securities and Exchange Commission and the Department of Justice want to know exactly how Fiat Chrysler Automobiles is reporting its new-vehicle sales. The automaker released a statement confirming reports that first arrived from Automotive News and Bloomberg, reiterating its procedure for how the company shares metrics within its financial […] [Read More]

The latest Beige Book — the Federal Reserve’s ongoing effort to gather anecdotal information on current economic conditions through reports from bank and branch directors and interviews with key business contacts, economists, market experts and other sources — showed pockets of dealership turbulence in several of the 12 districts. While contacts in Cleveland, Kansas City […] [Read More]

Like their contemporaries at the National Automobile Dealers Association, leaders from the American International Automobile Dealers Association are urging dealer principals to reach out to members of Congress as they adjourn for their summer recess. AIADA insisted the best way to forge a meaningful relationship with elected officials is through its Dealer Visit Program. “We […] [Read More]

On Monday, Holman Automotive said it has completed its acquisition of Kuni Automotive. As they did when the transaction was first announced back in April, Holman officials said the terms of the deal will not be disclosed. The Kuni Automotive dealerships located in Washington, Oregon, California, Colorado and Kansas that were acquired will now operate as “Kuni […] [Read More]

The largest automotive retailer in the U.S. just got a little bit larger. AutoNation, Inc. announced Thursday that it will add four stores in the Westchester County, N.Y. area. The stores represent approximately $190 million in annual revenue, and will be fully acquired by the company in the third quarter of 2016, after completing the customary […] [Read More]

TCS has expanded its partnership with Carfax to integrate myCARFAX Service Shop tools within its point-of-sale solutions Tire Power and TireWorks. The company said the integration will help tire dealers better identify additional maintenance opportunities, allowing them to sell more services and bring more customers back to their stores. All Tire Power and TireWorks HD […] [Read More]

The 678,169 certified pre-owned sales in the second quarter represents a best-ever sum, says Autodata Corp. Releasing CPO results on Tuesday afternoon, Autodata said there were 223,560 certified sales in June, which beats year-ago figures by 5 percent. The daily sales rate was 8,598, compared to 8,519 in June 2015. This completes the first half of […] [Read More]