Jim Henry [email protected] See All Staff Page Recent Stories Kia, Hyundai, Chevy, Stellantis and Ford dealerships acquired in 2 states Kia, Hyundai, Chevy, Stellantis and Ford dealerships sold in second-quarter transactions in New York and Wisconsin. Ford, GM, Audi, VW and Mitsubishi dealerships trade hands in 4 states Here's a look at dealership sales involving domestic, luxury and import stores. Acura, Mazda, Toyota and Chevy dealerships among stores purchased in Q1, Q2 transactions Dealers buy import, luxury and domestic dealerships across five states in first-quarter and second-quarter transactions. Ford, Nissan dealerships sell in four states Serra Automotive Inc., Krause Auto Group and first-time franchised dealership buyers were among purchasers of stores in first-quarter and second-quarter transactions. Ford, Stellantis and Cadillac-Buick-GMC dealerships sell in 3 states Five domestic-brand dealerships were sold in the fourth quarter of 2021 and first and second quarters of 2022 in single-store transactions in three states. Toyota, Stellantis, GM dealerships change hands in four acquisitions Toyota, Stellantis and General Motors brand dealerships change hands in first- and second-quarter deals. Dealerships were sold in Michigan, Texas and New York. Ford, Chevy and Chevy-Buick dealerships sell in Q1 acquisitions Three dealerships — Ford, Chevrolet and Chevrolet-Buick rooftops — were sold in first-quarter transactions. The dealerships involved in separate deals are in Pennsylvania, Massachusetts and Wisconsin. Digital auto loan process needs buy-in to truly work Digitization in the auto loan process does not always go smoothly, a panelist at AFSA said. EV charger installation sparks dealership sticker shock A lot of dealers have discovered that installing powerful fast chargers for electric vehicles — as some brands are requiring dealerships to do — is a complicated, expensive and time-consuming exercise. Lithia sells California dealership; Ken Ganley Automotive and Ourisman Automotive add dealerships Lithia Motors sold a dealership in California in March, while buyers of recent dealership acquisitions include Ken Ganley Automotive Group, Ourisman Automotive Group and Sam Toliver and Shelton Toliver. Slashed inventories are helping Mini be Mini Mini was always supposed to be a brand for customers to special-order their new vehicles. The 2021 inventory crash is helping restore that practice. Big Outlander sales rekindle Mitsubishi dealer enthusiasm The incoming chairman of the Mitsubishi National Advisory Board, Richard Herod III, says the Outlander has been a hit from day one. Prepare for the new generation of EV buyer Research and data analysis firm Escalent said dealers need to anticipate different types of EVe shoppers in the next few years, as EV penetration goes mainstream. Tough times hiring, retaining workers could persist An employment expert speaking at the American Financial Services Association Vehicle Finance Conference & Expo says the turbulent times of hiring and retaining workers may not end soon. J.D. Power: Industry still full of surprises J.D. Power's Automotive Franchise Assessment found that subcompact crossovers in some cases inspire greater brand loyalty than pickups. Here are a few other findings. Load More