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One auto group and a single store sell as part of a recent deluge of U.S. buy-sell transactions making 2026 a hot M&A year.
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September new-vehicle inventory rose slightly month-over-month, but dealer lots are laden with MY2026 vehicles as the typical model year changeover trudges along.
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Acquisition by Group 1 extends its presence in the U.S. luxury retail market with the addition of the 10-store stable.
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The Iowa transaction involved a Chevrolet GMC Chrysler Dodge Jeep Ram rooftop.
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A forecast anticipates retail deliveries are down this month as consumers continue to face cost challenges, though more are tapping long loans in order to buy.
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Dealerships that make decisions based on data rather than gut instinct or experience have a leg up on their competitors, according to a recent survey.
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California’s new-vehicle market saw a boost in hybrids in the third quarter and its first overall quarterly market gain of the year.
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Convenience and safety are top priorities for American drivers when it comes to connected vehicles and the services they expect with their next car.
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Last month’s hike and a potential second increase this month add to a growing list of inflation woes that could continue to dent overall car sales.
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Affordability pressures and model availability shaped new-vehicle sales in September, according to an analysis by Kelley Blue Book.
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