In a survey of 3,900 U.S. franchised dealers, Presidio Group analysts found gross profit per vehicle fell in 2024 while new vehicle sales, F&I income and total revenue improved. +
Veteran M&A advisor Andy Gill tells CBT News readers that, depending on their brand and location, some dealers who have not considered selling may draw offers too generous to refuse. +
Experts say identity fraud is on the rise and costing the American auto industry billions while inconveniencing legitimate customers. The Detroit Free Press investigates. +
The compliance training provider announced the launch of a new enterprise designed to forge partnerships through current, actionable content developed in partnership with industry experts. +
President Trump ordered an end to the federal “EV mandate,” targeting sales goals, funds for charging infrastructure and state-level emissions standards. EV tax credits could be next. +
Discounts of up to $2,630 for a 2024 Cybertruck tell a different tale than that predicted by Tesla executives when the fully electric pickup hit the market. Laurence Iliff offers expert analysis for Automotive News. +
Kelley Blue Book analysts say Americans spent an average of $49,740 on their new vehicle purchases in December, threatening a record set during peak pandemic-era inventory shortages. +
The U.S. Commerce Department will finalize a ban on the sale of Chinese cars and trucks before President Joe Biden leaves office, leaving the incoming administration to decide which factories and vehicles to exempt. +
Westlake Financial announced the launch of a new program that will allow some car buyers seeking financing to make their down payment using Bitcoin and avoid taxes incurred from its sale. +
Polly will unveil Professional Insurance Platform, the latest iteration of its dealership customer-facing auto insurance solution, at 2025 NADA Show. +
