Category: Industry News

New-used payment gap widens

September 2, 2015

New vehicle prices are rising—and it’s causing U.S. buyers to look at more used vehicles on dealership lots, according to data from Experian Automotive. The global information services company found average monthly payments for new and used vehicles is at …

AutoNation continues to expand

August 19, 2015

AutoNation has gotten even bigger. The largest automotive retailer in the U.S. has agreed to acquire 16 more stores, representing $600-million in combined annual revenue. The deal includes 13 stores in Georgia, Alabama and Tennessee from Carl Gregory Enterprises, and …