This week, Reynolds and Reynolds finalized the second F&I transaction of the year with the aide of Colonnade Securities and its fourth acquisition so far in 2023 with a used-vehicle connection. The latest move involves Reynolds acquiring Xzilon, a provider of protection products for vehicle’s interior and exterior. Xzilon offers exterior protection products (Carbon Ceramic […] [Read More]

Zeigler Automotive Group has acquired four dealerships in Holland, Mich., in a purchase of Elhart Automotive from Jeff Elhart. The dealerships have been renamed Zeigler Kia of Holland, Zeigler Nissan of Holland, Zeigler Hyundai of Holland and Zeigler GMC of Holland. The Kia dealership is the first in Zeigler’s portfolio. Zeigler, based in Kalamazoo, Mich., […] [Read More]

Flexcar and Mercedes-Benz — automotive companies with a strong presence in Atlanta — are working to strengthen their connection to the community through its professional sports teams. Flexcar, a Boston-based vehicle subscription service that began operating in Atlanta in 2021, announced a partnership with the Atlanta Braves. The deal features advertisements in Truist Park, the […] [Read More]

A little more than a month after naming a new CEO, Shift Technologies said Tuesday it is restructuring and reducing its workforce. Shift will also discontinue investment into its dealer marketplace so that it can focus on its core business. The restructuring will reduce Shift’s headcount by roughly 34%, which the company estimates 60% of […] [Read More]

F&I and dealer training provider JM&A Group has created a free career advancement program for women in retail automotive that it says is the first of its kind. The program, geared toward increasing representation and opportunity in the automotive industry, aims to elevate talent and expand opportunities for minority groups by offering free, immersive training […] [Read More]

The latest surveys show American consumers are poised to buy electric vehicles in record numbers as manufacturers race to introduce new electric models into the market. But that’s not the whole picture, according to research from Cox Automotive. While Ernst & Young’s EY Mobility Consumer Index reported that almost half (48%) of U.S. potential car […] [Read More]

Gordon Tormohlen of Tormohlen’s Good People Automotive in Freeport, Ill., was elected as the 74th president of the National Independent Automobile Dealers Association during the recent NIADA Convention and Expo at the Wynn Las Vegas. Tormohlen was elected unanimously, along with a slate of nominees for the remaining positions on the board of directors, at […] [Read More]

Rita Case, president and CEO of Rick Case Automotive Group, was among those honored at the 16th annual Women In Distress Starfish Luncheon in Fort Lauderdale, Fla. The event, focused on the power of generational philanthropy and volunteer work in securing a safe future for the community, raised more than $260,000 for victims of domestic […] [Read More]

Before he heard his name announced, Dan Johnson knew. As emcee Michael York began to read the bio of the 2023 National Quality Dealer Award winner, it didn’t take long for Johnson, the owner and general manager of LiteHouse Auto, in Lakewood, N.Y., to realize that winner was him. “It’s all a little bit of a blur,” he said. “That first or second sentence ... [Read More]

Michigan-based Victory Automotive Group has acquired C&C Toyota and C&C Chrysler Dodge Jeep Ram in Marietta, Ohio, broker Blair Sharpe of the Tim Lamb Group announced. The dealerships are now known as Victory Toyota Marietta and Victory Chrysler Dodge Jeep Ram Marietta. The dealerships include 12,480 square feet of office/showroom space plus a collision center […] [Read More]