Automotive News tracked 178 buy-sell transactions in the first half of 2022, involving 253 U.S. franchised dealerships trading hands. While the transaction count rose from the first half of last year, the number of stores acquired dipped.
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| |  | | | Monday, November 21, 2022 | | | | | | | | Subscribe today for access to top features like 40 Under 40 & Future Product Pipeline. | | | | | | | | | | | | | | Lori Wittman, President of Retail Solutions for Cox Automotive, talks about how dealers can use data science to stay competitive in today's market, improve consumer experience and drive more profits. Learn success tactics from forward-thinking dealers at www.CoxAutoInc.com/Forward. | | | | Read More > | | | | | | | | | | | | | | A look at how GM plans to save $2,000 on each vehicle. Carvana plans to lay off eight percent of its workforce. The Tokyo Auto Show gets revamped as a mobility event. Plus, a conversation with the “Fixed Ops Doc” Michael Barich about how crucial it is to greet customers the right way in the service lane. LISTEN HERE >
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| | | | | | | | | | | | | | | Loyalty customers are an invaluable supply of highly profitable sales, typically less likely to negotiate and more likely to generate service revenue and referral business–critical components to both immediate and long-term dealership success amid ongoing inventory shortages. | | | | Read More > | | | | | | | | | Automotive News Newscasts |
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