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News•by Staff•April 5, 2022

Auto Dealership Buy/Sell Transactions Soar in 2021 with Record Dealership Valuations, Revenue, and Profits, Accelerating Industry Consolidation

Unprecedented 383 transactions completed in 2021, representing 830 franchises, nearly three times the pre-pandemic average, according to The Blue Sky Report by Kerrigan Advisors.

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News•by Staff•April 4, 2022

Global Automakers Earmark Nearly US$600bn for EVs Over Next Decade

Broadly, the investments announced focus on the development of production facilities, technology, EV batteries, new product and securing future raw material supply, and autonomous vehicle development.

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News•by Staff•April 4, 2022

TD Auto Finance Rolls Out Real-Time Payments for Dealers

Provides improved cash flow and greater confidence for dealers.

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News•by Staff•April 4, 2022

2022 Auto Fraud Trends Report

In the U.S., 2021 marked the end of government stimulus programs and pandemic related lockdowns. It also marked the beginning of a new era in fraud.

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News•by Staff•April 4, 2022

Holman Aligns Its Seven Business Units Under a Singular Brand

The organization and its integrated automotive service divisions are now simply Holman.

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News•by Staff•April 4, 2022

Auto Retail Buy-Sell Activity Explodes

The report explains how dealership profits have tripled along with demand from dealership groups that want to acquire more stores.

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News•by Staff•March 31, 2022

Consumer Groups Commend General Motors’ Commitment to Ensure Vehicles Offered on GM’s New CarBravo Used Car Platform Are Free from Unrepaired Safety Recall Defects

Currently, the only industry in America that openly accepts the selling of unsafe recalled products to the public is the auto industry.

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News•by Staff•March 30, 2022

Biden Administration to Unveil Tougher Fuel Economy Standards

The new standards will reverse the Trump Administration’s rollback of U.S. regulations aimed at improving gas mileage and cutting tailpipe pollution.

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News•by Staff•March 30, 2022

China’s Zero COVID Policy Threatens Global Auto Production

China’s Covid-Zero policy could cause global vehicle production to lose 2% of growth in 2022, equivalent to about 1.5 million units.

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News•by Staff•March 29, 2022

Cox Automotive March Forecast: Slow March Auto Sales to Cap Weakest Q1 in a Decade

March U.S. auto sales, when reported on Friday, will show a notable drop from last March as the market remains significantly constrained by lack of supply.

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