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Tag Archives: Auto Dealers

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NADA Board of Directors Elects 2022 Chairman

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Mike Alford, who currently serves as NADA vice chairman, will succeed Paul Walser, as chairman.

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6 Ways Your DMS Can Maximize Your Profit Potential

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Cox Automotive: In Q3, Sales of Electrified Vehicles Surged Past 1 Million Units

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While sales of new vehicles declined 13.4% year over year in Q3 due primarily to low inventory and high prices, sales of electrified vehicles jumped by nearly 60%, according to an analysis by Kelley Blue Book.

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Dealers Buying Out More Existing Leased Vehicles to Alleviate Inventory Shortages

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New trend helps brands like Honda and Nissan see the value of modernizing their lease policies, reports Swapalease.

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Are You Building a Pirate Ship or a Cruise Ship?

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Pirate ships, and we all know a few, are an “everyman for themselves” environment. Cruise ships on the other hand, have well-established processes.

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Auto Sector Calls Out Mexico’s Move to Legalize “Chocolate” Cars

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Mexico’s auto sector has criticized the move, saying it allows “car smuggling.”

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AutoNation to get 9 luxury stores in Priority 1 deal

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The pending acquisition of Priority 1 Automotive Group in Maryland would add $420 million in annual revenue.

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Nominations Open for F&I Pacesetters and 2021 Dealer of the Year

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Presented by F&I and Showroom magazine and sponsored by Spectrum Automotive Holdings, the annual awards program recognizes dealerships with highly profitable F&I departments.

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Minn. Ford dealer airs ad written by HBO’s ‘Last Week Tonight’

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The commercial is airing in Minnesota this week and was uploaded to the show’s YouTube channel as a “web exclusive” video. It had racked up nearly 3 million views as of Thursday morning.

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Correcting the Chip Shortage Will Take Time

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As the automotive industry spins its wheels waiting for chips, analysts say the road to correcting the chip shortage won’t clear until at least 2022.

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