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October Sales: SAAR Could Hit 17M for 5th Straight Year
Average New Vehicle Prices Up Nearly 3% in October
FCA, PSA Reach Tentative Merger Deal

FCA, PSA Reach Tentative Merger Deal

Fiat Chrysler and PSA Group have agreed to join forces to create the world’s No. 4 automaker in a $48 billion deal designed to save the factories billions in research and development costs.

October 31, 2019

Report: FCA and PSA in Merger Talks

Report: FCA and PSA in Merger Talks

Bloomberg reports Fiat Chrysler and PSA Group, which includes the Peugeot, Opel, and Citroen brands, could announce a merger as soon as this week, a deal that would form a General Motors-sized factory.

October 30, 2019

CTV Advertising: What’s in It for Auto Dealers?

CTV Advertising: What’s in It for Auto Dealers?

Apple TV, Roku, and other connected TV devices have become the entertainment hub for millions of households. So why are so many dealers still spending all their TV dollars on traditional ads?

October 30, 2019

25 Porsche Dealers Pilot Online Sales and F&I Platform

25 Porsche Dealers Pilot Online Sales and F&I Platform

A group of U.S. Porsche dealers is piloting the German factory’s first-ever online sales and financing option, designed to limit the customer’s dealership experience to final signatures and delivery.

October 29, 2019

Capps Officially Promoted to Manheim Sales Leader
TechCrunch: Fair Lays Off 40% of Payroll, Fires CFO

TechCrunch: Fair Lays Off 40% of Payroll, Fires CFO

TechCrunch reports Fair CFO Tyler Painter, brother of CEO Scott Painter, and 40% of the vehicle subscription service’s staff have been let go. The moves cast doubt on the disruptor’s viability in an increasingly inhospitable startup market.

October 28, 2019

NADA: Franchised Dealership Payrolls Up Nearly 2%
Zotye Signs Dealers in 100 U.S. Markets

Zotye Signs Dealers in 100 U.S. Markets

The U.S. division of Chinese electric vehicle manufacturer Zotye Automobile announced it has signed agreements with 100 U.S. dealers in advance of its planned 2021 debut.

October 23, 2019

Survey: Optimism Soars Among Subaru, Toyota Dealers

Survey: Optimism Soars Among Subaru, Toyota Dealers

The results of Kerrigan Advisors’ first annual dealer survey show Subaru and Toyota franchisees lead the industry in believing their dealerships will increase in value, outpacing all other brands — including highlines.

October 22, 2019

September Depreciation Report Shows 1% Overall Decline
Herb Chambers Taps DealerPolicy for Auto Insurance
Dealer.com, Cartender Partner on New Video Marketing Solution
Ricart Elected 2020 NADA Chair, Walser Named Vice Chair