Only 25% of Americans surveyed for Cox Automotive’s 16th annual Car Buyer Journey report used AI tools along their path to purchase, but that group outpaced all others in reporting the highest levels of satisfaction. +
Deloitte analysts say dealerships and dealer websites rank No. 1 and No. 3 among resources U.S. new car buyers say they use to research vehicle types, makes and models. +
CarMax’s new interim CEO says the used car retailer will reduce its margins to lower prices and spend more money on advertising geared toward private-party sellers. +
Three franchised dealerships in Ottawa, Ill., were purchased from Bill Walsh Automotive Group by Home Run Auto Group in early December only to be resold weeks later. +
The latest new vehicle sales reports show U.S. dealers sold more vehicles in 2025 than in 2024 but performed better in the first three quarters of the year than in Q4 and December. +
Automotive News reports Nissan has revamped its stair-step incentive strategy for 2026, eliminating a $1,200 per vehicle bonus for U.S. dealers who reach 110% of their quarterly sales goals. +
Tesla sold 418,227 new EVs in Q4, down 15% year-over-year, finishing 2025 with sales of 1.6 million new units, an 8.1% decrease from 2024 and less than half the global tally of China’s BYD. +
Mitsubishi says John Deery Motor Co. has violated its dealer agreement by failing to provide showroom space and erect proper signage at a rooftop shared with Nissan and Lincoln franchises. +
ZT Automotive has entered the Florida market and grown its footprint to 16 stores with the acquisition of four Tampa Bay-area franchises from Maus Family Automotive. +
Founder Jim Lawrence announced the launch of ImagineMyDreamCar, a new AI-driven lead generation platform designed to help dealers target “ultra-high-net-worth” clientele. +
