For the last few months, dealers around the country have been attending their state associations’ annual meetings and conventions. For years, those conventions have brought families together for not only vacation but to highlight the importance of the state dealers association in ensuring the success of the industry as a whole. In the fast-paced and […]

Average price paid is expected to fall this year for first time since 2008, but interest rates keep payments high

The ransomware attacks on June 19 have upended sales and service transactions, delayed dealership acquisition closings and could significantly impact June new-vehicle sales. CDK said June 26 a small test group of dealerships is back on its DMS. Anderson said the estimates are only for dealers directly impacted by the attacks and do not reflect losses for the entire industry because some customers […]