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Awardsby StaffDecember 1, 2021

CarBuzz Announces 2021 Awards Winners

2021 presented the toughest pool of finalists in CarBuzz Awards history.

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Fixed Opsby StaffDecember 1, 2021

NextGear Capital Shares Advice for Independent Dealers in 2022

NextGear President Scott Maybee outlines three key areas for future opportunities and growth.

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Dealer Opsby StaffDecember 1, 2021

Cox Automotive Forecast: November Auto Sales Stuck in Low Gear As Consumers and Dealers Face Tight New-Vehicle Inventory and High Prices

November’s seasonally adjusted annual rate of sales is forecast to finish near 13.4 million, down 16% from last year when the sales pace was 15.9 million.

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Dealer Opsby StaffNovember 30, 2021

U.S. Must “Get Serious” About Chip Production

Commerce Secretary urges Congress to pass funding designed to boost domestic production of semiconductor chips.

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Dealer Opsby StaffNovember 30, 2021

Nissan Commits to Spending $17.6 Billion on Battery-Powered Vehicles Over Next 5 Years

Automaker reports batteries will power half of the vehicles it sells by 2030.

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Awardsby StaffNovember 30, 2021

LAST CHANCE: Submit Your Nomination for 2021 F&I Dealer of the Year

Dealership employees, general agents, vendors, and F&I providers are encouraged to nominate their stores and dealer clients for the annual award.

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Opinionby StaffNovember 29, 2021

The CarMax Foundation Doubles Support for Annual #GivingTuesday Campaign to More Than $1 Million

Each of CarMax’s 27,000+ associates empowered to donate funds from The CarMax Foundation to a nonprofit they care most about.

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Fixed Opsby StaffNovember 29, 2021

GWC Warranty Selects Wrench as a Preferred Facility Repair Partner

GWC Warranty customers now have the option to order an ASE-certified mobile mechanic to fix their vehicles at home, at work or on the road.

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Fixed Opsby StaffNovember 29, 2021

Auto Dealers Expect Valuations and Profits to Increase in 2022

Positive momentum in auto retail and buy/sell market will continue in 2022, according to the recently-released 2021 Kerrigan Dealer Survey: 61% of dealerships expect an increase in their valuation, 79% expect profits to rise and 77% expect to acquire more dealerships over next 12 months.

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Dealer Opsby StaffNovember 29, 2021

Portfolio Names Millspaugh Vice President

Portfolio has promoted 20-year industry veteran Chad Millspaugh to the position of vice president of sales and marketing.

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