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Dealer/GM News
EV Voice of the Customer Welcomes EPA Relaxations on Emissions, But Wants More Done on EV Targets
While happy that the Biden Administration relaxed tailpipe limits, a group representing over 5,000 dealerships reiterated a more realistic goal is needed when it comes to the sale of electric vehicles (EV). Announced on March 20 by the federal Enviro
Mar 21, 2024
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Dealer/GM News
Stellantis Reaches Emissions Agreement with California
Stellantis reached a deal on March 19 with the California Air Resources Board (CARB) on emissions aligned with the state’s efforts to combat climate change. Under the agreement, the maker of Chryslers and Jeeps will comply with California’
Mar 20, 2024
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Dealer/GM News
Dealers More Hopeful in Q1 2024: Cox Poll
A recent survey found dealers more optimistic than they were at the end of last year—but are still worried about major economic headwinds consumers are facing. The recently released Cox Automotive Dealer Sentiment Index (CADSI) resulted in a score
Mar 19, 2024
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Dealer/GM News
Fisker Pauses EV Production for Six Weeks
In the latest sign of slowing electric vehicle market, Fisker announced on March 18 that it pause production for six weeks as looks to raise more money to stay in business. In a press statement, the company wrote that the pause on the assembly line
Mar 18, 2024
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Dealer/GM News
Spotlight on…..Traver Connect
As we look to tell the stories about people and the products that support auto dealerships, Digital Dealer is shining the spotlight on companies that help dealers do their job more effectively. We recently interviewed Bob Gower reflects on his four d
Mar 15, 2024
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Dealer/GM News
Profitability Issues Continue to Weigh on Auto Dealers: Cox Survey
While improving, a national survey found the current market sentiment for auto dealers is still considered weak among this cohort. The Cox Automotive Dealer Sentiment Index (CADSI) for the first three months of 2024 increased two percentage points to
Mar 14, 2024
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Dealer/GM News
Group 1, Fisker, Nucar, Ken Ganley, Johnson Automotive Dealership Group, The Smith Group: Dealership Sales Roundup
Group 1 Expands in South Carolina Group 1 Automotive announced the acquisition of Modern Classic Motors in Hilton Head, SC on March 13. The acquisition includes three franchises: Mercedes-Benz, Sprinter and Honda in Beaufort County. The acquisition
Mar 14, 2024
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Dealer/GM News
February New Car Prices Down over 2% from Last Year: KBB
The price of a new car continued its decline over the past year in February. An analysis by Kelley Blue Book released March 11 found new-vehicle transaction prices (ATP) was down less than one-tenth of 1% from the revised January figures. The average
Mar 13, 2024
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Dealer/GM News
Spotlight on….. Quantum5
As we look to tell the stories about people and the products that support auto dealerships, Digital Dealer is shining the spotlight on companies that help dealers do their job more effectively. We recently interviewed Quantum5’s David O’Brien to
Mar 8, 2024