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

Dealer Service Satisfaction Improves Despite Longer Waits: J.D. Power

While customer satisfaction with the dealer service experience has rebounded, there are still significant issues being faced when a consumer brings his car to be worked on. According to the J.D. Power 2024 U.S. Customer Service Index (CSI) Study rele
Mar 18, 2024

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

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

Gropup 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

The Ultimate Guide to Content Marketing for Auto Dealers

Content marketing is a strategic marketing approach focused on offering content that is so valuable and helpful to consumers and directly contributes to brands’ ability to build trust and authority. This, in turn, makes consumers more inclined
Mar 13, 2024

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

How Auto Lenders Can Have Success Digitizing Their Securitized Collateral Assets

In the ever-evolving landscape of financial markets, the auto securitization sector stands at the intersection of technological innovation and traditional finance. One of the pivotal advancements shaping this industry is the integration of digital co
Mar 12, 2024

FINAL DAY: Digital Dealer Speaker Application Deadline Set for March 12

The deadline for speaker proposals for Digital Dealer Conference & Expo (Oct. 8-10, 2024, in Las Vegas) is set for March 12, 2024. Accepted speakers will be notified by May 1, 2024. Digital Dealer brings actionable insights to automotive dealers
Mar 12, 2024