A judge has ordered Abigail Kampmann to pay $20 million to Mark Smith, her soon-to-be former partner in the five-dealership, San Antonio-based Principle Auto group. +
A new framework for TrueCar’s dealer program was built to promote pricing transparency, accountability, accuracy and fair competition while protecting front-end gross. +
MINI leads all mass market brands and Porsche remains the overall leader in dealership service customer satisfaction in JD Power’s latest report, which finds room for improvement in several key metrics. +
Lotlinx dealers can now use COOPABLE to apply manufacturer co-op funds to their inventory management solutions without the need for manual approvals or submissions. +
Analysts say fewer than half of U.S. dealers are optimistic about the auto retail market in Cox Automotive’s latest Dealer Sentiment Index report, but expectations for the spring are notably higher. +
Volvo dealers sold 41.7% fewer new units on a year-over-year basis last month, contributing to a nearly 4% overall decline offset by increased sales for Hyundai, Toyota and Honda. +
Too few dealership service customers are greeted upon arrival and too many refuse recommended services, squandering trust built by service advisors, according to a new CDK report. +
CarEdge’s newly launched Car Dealer Transparency Index was designed to use verified out-the-door quotes to rate dealerships based on the accuracy of advertised prices with no “pay to play” option. +
New Country Motor Car Group executives say they are in luxury dealership acquisition mode despite the sale of three New York Metro franchises to Keeler Motor Car. +
Carvana has purchased Sacramento (Calif.) Chrysler Dodge Jeep Ram, continuing a Stellantis dealership buying spree that started nearly a year ago, likely in an attempt to secure an in-house inventory channel. +
