Those efforts helped Cavender Auto Family leap 23 spots up Automotive News‘ annual ranking of the top 100 dealership groups in used-vehicle sales based in the U.S. Cavender retailed 19,611 used vehicles last
Read More
There's a new No. 1 at the top of Automotive News' annual used-vehicle ranking — acquisition-fueled... Continue reading this news update.
Read More
The idea of establishing a training program centered around empathy did not spin out of Phillips’ postgraduate business education, but from his study of psychology at Columbia. “We’re trying to move from change
Read More
The price of the average used car rose last month. But the increase may be short-lived. The wholesale price dealers pay for the used cars they later sell has crested and begun to
Read More
Morrie’s Auto Group made its first acquisition of 2023 and entered a new part of Minnesota with the purchase of a Stellantis store this month. Morrie’s, of Minnetonka, Minn., west of Minneapolis, on
Read More
A bill that aimed to prohibit right of first refusal on dealership buy-sell deals failed in West Virginia’s House of Delegates last month, in part on the concern that eliminating it could hamper
Read More
Have you ever felt the palpable tension from the sales floor of a car dealership as you sit hostage in the waiting room with Skip Bayless blasting from the television while mechanics perform
Read More
Syracuse, N.Y. — Three Syracuse-area car dealerships have been sold to out-of-state buyers. George Townsend and his son Brad sold their Honda City dealership on Henry Clay Boulevard in Clay to Great Lakes
Read More
Auto retail investment company Open Road Capital and Rinaldi Halim on Dec. 19 bought an iconic Chevrolet dealership in California — known for its sign featuring Felix the Cat. Open Road and Halim
Read More