News about North American new- and used-auto dealers. Coverage includes techniques, strategies and examples of businesses finding new ways to reach customers and drive sales.
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Dealership brokers say Kia has become an increasingly popular brand for consumers and the value of its dealerships continues to rise. At least 27 Kia stores changed hands in 2022, up from 24 in 2021.
Cadillac said it will select buyers for the Celestiq beginning this spring, and the first personalization concierge visits at Cadillac House will begin in late summer.
BRAM Auto Group built new Toyota and Lexus dealerships on the fourth floor of what will soon be a multiuse high-rise in Manhattan. To make it work — and make money — they had to use every trick in the book, including keeping their cars in another state.