Lithia completes deal for Michigan’s Suburban Collection
The acquisition gives the Oregon company a national store count of 246. Lithia acquired 34 dealerships and annualized revenue of about $2.4 billion.
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Tag Archives: Auto Dealers
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Apr 21
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Apr 21
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Automotive Market Report
This past week did not set another record, but the market is still experiencing week-over-week increases that are in record-breaking territory.
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Apr 21
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Auto Industry Veteran Matt Carpenter to lead Dealerware Expansion and Internationalization as CEO
After doubling employee headcount and adding new leadership roles in 2020, Dealerware is well positioned for next phase of growth with Matt Carpenter as CEO.
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Apr 21
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Dealerlogix Debuts Service Valet Vehicle Pickup and Delivery
With Service Valet, dealerships can empower their clients to schedule, approve, and pay for vehicle repairs at their convenience without ever leaving the comfort of their home or office.
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Apr 21
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Preparing for Post-COVID Success
As the world is poised to reopen this whitepaper explains how dealerships can strengthen their position by using particular technologies and streamlining operations. And, offers up solutions already being successfully used by dealers already – as well as some new tricks to implement to keep employees and customers safe while also eliminating unnecessary costs and mundane time sucks.
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Apr 21
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Mortgage payments higher priority than cars, credit cards
Auto loans fell even further on the priority list if a consumer only had one credit card, a TransUnion study also found.
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Apr 21
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California DMV open for fully digital sales
The change, announced , allows digital signatures on all vehicle contracts sent to the department.
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Apr 21
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Single-store Honda dealer adds 3 dealerships near Gulf Coast
Ryan Mayer, president of Tameron Gulf Coast dealership group, in the past few weeks has purchased three dealerships: a Kia store in Mississippi and Buick-GMC and Chrysler-Dodge-Jeep-Ram-Fiat dealerships in Alabama.
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Apr 21
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Latest Figures on Lease Credit Approvals Showing Another Slight Increase for March
Lease credit approvals reached 72.9% in March; Up slightly from 70.8% in February.
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Apr 21
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Consumers Shifted Credit Payment Behaviors in the U.S. and Other Global Markets as a Result of COVID-19
TransUnion Global Payment Hierarchy Study observes consumer credit behavior in five countries.
