February 2025 Blog Posts (9)

The Leading Role Digital Platforms Will Play In Helping Dealers Source Quality Used EVs

The electric vehicle (EV) market continues to show continued growth, driven by consumer demand for environmentally friendly transportation options and supported by government incentives. As of the fourth quarter of 2024, used EV sales have surged by 62.6% compared to the previous year, making them a highly sought-after commodity for auto dealers looking to bolster their inventory1.

 

EV share of the total light-vehicle market reached 9.9% in December 2024, a…

Continue

Added by John Sternal on February 26, 2025 at 12:21pm — No Comments

Understanding How The U.S. Treasury Views The Use of AI in Auto Retail & Finance

On December 19, 2024, the U.S. Department of the Treasury published a comprehensive report examining the applications, benefits, and challenges of Artificial Intelligence (AI) in the financial services sector. This report expands on the Treasury's previous research, including its March 2024 analysis of AI-related cybersecurity risks, and incorporates insights from over 100 stakeholders who responded to the June 2024 Request for Information (RFI). By delving into emerging trends, challenges,…

Continue

Added by John Sternal on February 25, 2025 at 3:35pm — No Comments

Kerrigan Advisors Represents Ascent Automotive Group in Sale of Toyota of Greensburg to Jim Shorkey Auto Group

Transaction marks Kerrigan Advisors’ 286th dealership sold, 21st franchise sold in the Northeast region and 37th Toyota franchise sold since inception.

 

Sale of highest volume dealership in Greensburg, PA, underscores growing success of Pittsburgh market, where Toyota is the top volume…

Continue

Added by Crystal Hartwell on February 24, 2025 at 9:35am — No Comments

PROTECTIVE ASSET PROTECTION UNVEILS ITS 2024 F&I ANNUAL UPDATE REPORT

ST. LOUIS - (February 18, 2025) – Protective Asset Protection, a leading provider of F&I programs and services, announced today its highly anticipated 2024 F&I Annual Update Report. The comprehensive report offers valuable insights into the current state of the automotive industry, focusing on F&I product trends and how dealers are maximizing F&I product options to continually address consumer affordability challenges.…

Continue

Added by John Sternal on February 18, 2025 at 9:39am — No Comments

BotDoc.io Unveils Alarming Cybersecurity Trends in Auto Dealership Industry

Monument, Co., February 5, 2025 - BotDoc.io, a leading provider of secure file transfer and identity verification solutions, today released the results of a comprehensive 2025 Auto Dealership Cybersecurity Survey. The findings reveal critical gaps in the industry's cybersecurity and data security preparedness, serving as a wake-up call for dealerships nationwide.

 

Data Protection Among Largest Gaps

The online survey, conducted in…

Continue

Added by John Sternal on February 12, 2025 at 10:57am — No Comments

PrivateAuto Partners with Recurrent to Empower EV Owners with Seamless Vehicle Listing Options

New Partnership Allows Recurrent Users to Effortlessly List Their Electric Vehicles for Private Sale on PrivateAuto’s Secure Platform  

Alpine, Utah – (February 11, 2025) – PrivateAuto, the only end-to-end transactional marketplace for private-party vehicles, today announced its partnership with…

Continue

Added by John Sternal on February 11, 2025 at 11:20am — No Comments

Car Pros Dealerships Recognized for Sales and Customer Service Leadership in 2024

Car Pros Kia Glendale nation's #1 Kia dealership for the fifth consecutive year, MINI of Downtown Los Angeles #6 in the nation, Car Pros Honda El Monte #22; four dealerships certified for excellence by J.D. Power 

 

RENTON, WA – February 10, 2025 – Car Pros Automotive Group, a leading automotive sales…

Continue

Added by Crystal Hartwell on February 10, 2025 at 9:24am — No Comments

MBWA

Great dealership leaders practice MBWA (Management by Wandering Around) and its benefits:



*Their Visibility Promotes Positive Culture

*Encourages Employee Engagement & Openness About Their Goals

*Builds Trust by Showing Servant Leadership

*Reinforces Company Values and Goals

*You Can Discover Your Company's Future Leaders…

Continue

Added by Richard Nimphie on February 3, 2025 at 12:53pm — No Comments

Managing Taxes for Car Dealerships: A Comprehensive Guide

Operating a car dealership involves managing a range of complex financial and tax-related responsibilities. From sales tax on vehicles to employee-related taxes, the tax environment can be tricky for dealership owners. However, with the right knowledge and strategies in place,…

Continue

Added by Tyler Newport on February 2, 2025 at 9:51pm — No Comments

Monthly Archives

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

1999

© 2025   Created by DealerELITE.   Powered by

Badges  |  Report an Issue  |  Terms of Service