January. The company announced Thursday that Alex Vetter will step down from the role and from the board on Jan. 15, ...
While one-third of Americans say they have experienced issues such as deceptive selling, hidden fees or dishonest salespeople at car dealerships, more than three-fourths don’t trust dealerships to be ...
ACV made four acquisitions last year and two the prior year. Those purchases included the likes of Indiana Auto Auction, 166 Auto Auctions and Alliance Auto Auction. But the expansion strategy for ...
For many general managers, running a dealership feels like the pinnacle of a career in automotive retail. You’re steering sales and service, balancing gross margin against expenses, and managing a ...
Last week, Open Lending Corp. announced the launch of ApexOne Auto, an advanced decisioning platform that expands the company’s capabilities to serve the full spectrum of auto-finance customers. The ...
Technology has become an indispensable part of the auto industry, and its scope continues to grow with the rise of artificial intelligence and other innovations. But with that growth comes the growth ...
Two dealership groups ventured into new territory with acquisitions in states outside their previous footprint. Texas-based Casa Auto Group, which operates 11 dealership locations in its hometown of ...
A vehicle service contract provider struck out with the Federal Trade Commission this week. According to a news release, NRRM, which does business as CarShield, along with American Auto Shield (AAS), ...
They might be some of the younger personnel at their dealerships, but they’ve already shown their ability to thrive in a variety of roles and responsibilities. This year’s Dealers Under 40, presented ...
Larry Van Tuyl is up to his old tricks: acquiring dealerships. The CEO of VT Companies has purchased Groove Toyota in Englewood, Colo., from Summit Automotive Partners, according to Pinnacle Mergers & ...
Holman has made two moves at the highest rungs of the corporate ladder. The dealership group and global automotive services company has promoted executives Pete Dondlinger and Kristina Nicoles to ...
This week, CarGurus released its 2025 Mid-Year Auto Market Review, highlighting five primary points, including the impact of tariff uncertainty, shifting inventory dynamics and evolving consumer ...