Group 1 Automotive reported a 5% increase in F&I profit per vehicle in the first quarter, leading the six biggest publicly traded U.S. auto groups, five of which reported year-over-year gains. +

Kerri Wise has joined Lotlinx as chief marketing officer, bringing 25 years of industry experience to the inventory management solutions provider as it grows and leans into AI and machine learning technology. +

Nissan will tie all dealer compensation to new vehicle sales targets starting June 3, dispensing with its current 20-metric program and standardizing spiffs, according to an Automotive News report. +

All seven manufacturers and 11 brands reporting new vehicle sales to Automotive News enjoyed year-over-year increases as Americans took advantage of incentives and rushed to beat expected price hikes. +

Multiple dealers tell Automotive News that Porsche has halted U.S. shipments of new units rather than pay a 25% tariff on imported vehicles that went into effect April 3. +

In a memo to Nissan dealers, factory executives say they will not raise new vehicle prices to compensate for new tariffs on imported vehicles and plan to utilize idle U.S. capacity. +

U.S. new-vehicle sales reported to Automotive News showed multiple double-digit gains and few losses in March as new tariffs set to go into effect starting April 3 are expected to raise prices. +

The “Big 6” publicly traded U.S. auto dealer groups are growing in size, sales and profitability as they hold onto the top positions in Automotive News’s annual ranking of the Top 150 Dealership Groups. +

Hyundai Motor America has been ordered to pay a multimillion-dollar award to Universal Hyundai of Orlando, Fla., for breaching Universal’s franchise agreement as well as Florida’s Dealer Act. +

Automotive News’s annual dealer census finds U.S. retailers added 171 dealerships in 2024 but subtracted franchises as domestic manufacturers lost scores of stores while their import rivals gained ground. +