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Newsby StaffNovember 7, 2022

Fewer Dealers Look to Buy, See Profits Rising While More See Their Value Falling

Most survey respondents predict their profits will be flat or rise, though fewer expect an increase.

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Newsby StaffNovember 2, 2022

McGovern Auto Group Opens Luxury Dealerships in Albany, NY

New Jaguar Land Rover and Volvo locations expand auto powerhouse’s reach in New York.

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Newsby StaffNovember 2, 2022

Lithia Outpaces AutoNation in Q3

Dealer group posts record profit, sales jump.

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Newsby StaffOctober 17, 2022

Four Dealership Sales Close in Four States

Groups acquire various brands, and one also buys a commercial truck business.

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Newsby StaffOctober 12, 2022

Texas VW Dealership Sold to Local Investor

Adjacent property is sold to facilitate the transaction.

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Newsby StaffSeptember 20, 2022

Subaru, Lexus Best Competitors in Reputation Survey

Meanwhile, AutoNation, Hendrick Automotive Group top public, private rankings.

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Newsby StaffSeptember 20, 2022

Lithia Expands Into Wisconsin

Five-dealership purchase expands its Midwest presence.

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Newsby StaffSeptember 15, 2022

Lincoln Dealer Network Shrinks With Move to EVs

Automaker won’t offer retailers buyouts as some brands have, but it will introduce sales requirements.

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Newsby StaffMarch 29, 2022

Dealership Numbers Fall as Throughput Increases

Throughput increased in 2021 as U.S. light-vehicle sales rose to nearly 14.75 million vehicles, according to dealership census.

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Newsby StaffFebruary 11, 2022

Lithia Motors Reports 55% Increase in Q4 Net Income

The auto retailer reports sales jumped 34% in the fourth quarter and soared 51% for the year.   

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