News
Cox Auto: Fixed ops revenue is at a record, but easy money is still being left behind
3+ hour, 20+ min ago (586+ words) Fixed ops remains a major growth driver for dealerships, given that consumers are keeping their vehicles longer, but significant service revenue is still being left on the table, according to Cox Automotive. The details: The shift, outlined in Cox's 2026 Fixed…...
Kia, Toyota look to enforce broker policies amid industry debate
10+ hour, 33+ min ago (839+ words) Kia and Toyota each issued statements this week reminding dealers of their broker policies and the consequences of violating them, with Toyota also announcing a slight revision to its existing policy on broker transactions. Driving the news: The memos arrive…...
Hyundai restarts Palisade sales after fixing safety recall issue
18+ hour, 31+ min ago (465+ words) Hyundai is resuming sales of recalled 2026 Palisade SUVs after fixing a power-seat issue linked to a two-year-old's death. The details: The fix, reported by Reuters, consists of a software update for 2026 Palisade and Palisade Hybrid models in Limited and Calligraphy…...
Not every 84-month auto loan costs the same. (Here's how dealers are using that to build loyalty.)
2+ day, 3+ hour ago (1061+ words) Today, Fred Timbrook, CEO at Timbrook Automotive, joined us for an episode of the CDG Podcast. We dive into Fred's unique diversification into powersports, the intense efficiency required to run a high-volume collision center, and the personal philosophy of a…...
Purdy Group USA acquires 2 dealerships in Texas
1+ day, 14+ hour ago (277+ words) Driving the news: Purdy Group USA purchased two dealerships from Douglass Automotive Group in a deal that closed Feb. 10." For context: Acquired were Douglass Mazda and Douglass Volkswagen, both in Bryan, Texas. Purdy Group USA already owns a Toyota dealership…...
Affordability pressures push buyers to used cars as new inventory builds
1+ day, 18+ hour ago (639+ words) New-vehicle sales softened in the first quarter of 2026, with affordability concerns pushing more buyers toward used cars as consumers also grappled with rising gas prices, according to Car Gurus. Zooming in: The shift has pushed market days supply (MDS) for…...
Mexico auto exports to U. S. drop sharply as tariffs take hold
1+ day, 14+ hour ago (482+ words) Mexico's auto exports to the U. S. fell sharply in the first two months of 2026, even as the country's overall exports to the U. S. increased. The details: Vehicle and parts imports from Mexico have been steadily declining since President Donald Trump imposed 25% tariffs…...
Toyota recalls 73. 5 K Corolla Cross Hybrids due to pedestrian alert sound issue
2+ day, 13+ hour ago (149+ words) On March 31, the National Highway Traffic Safety Administration (NHTSA) logged a recall filed by Toyota covering 73, 528 model-year 2023-2025 Corolla Cross Hybrid vehicles. The issue: The vehicles' Acoustic Vehicle Alerting System (AVAS), which makes a sound to alert pedestrians of the car's…...
Diehl Automotive grows Ohio footprint with two-store acquisition
2+ day, 17+ hour ago (128+ words) Driving the news: Diehl Automotive purchased two dealerships from Firelands Auto Group in a deal that closed on March 31. For context: Diehl purchased Firelands Toyota of Wooster and Firelands Volkswagen, both in Wooster, Ohio. The stores were renamed Diehl Volkswagen…...
Iran conflict could cut global auto sales by nearly 1 million units in 2026
3+ day, 1+ hour ago (371+ words) The war against Iran could have a major impact on the U. S. auto industry, with global light-vehicle sales potentially falling by nearly 1 million units in 2026, according to S&P Global Mobility. The details: The projection marks a shift from the industry…...