CompaniesNational Automobile Dealers AssociationCompany OverviewContactAbout National Automobile Dealers AssociationLatest from National Automobile Dealers AssociationBusinessProfits pumped: 2024 a bumper year for dealer-owned repair facilities in U.S.National Automobile Dealers AssociationToronto, Ontario – Dealer-owned repair facilities in the U.S. saw revenues rise 5.6 percent in 2024 the National Automobile Dealers...April 9, 2025BusinessWelcoming Back Wholesale: Ford announces end to EV stocking program, returns to traditional wholesale processToronto, Ontario – Ford is reportedly abandoning its previous plans to stock and distribute electric vehicles through regional inventory...February 28, 2025Collision RepairHaig Partners Serves as the Exclusive Sell-Side Advisor on the Sale of Hollywood Kia, Setting a Record for the Highest Price for a Kia DealershipFORT LAUDERDALE, Fla.–(BUSINESS WIRE)– Under Steve Gutstein’s leadership, who has been a partner and served as general manager since 2019, Hollywood Kia has won numerous awards for sales and service: #2 in the nation with 1,582 new Kia sales through May 2024 #2 in the nation with 4,342 new Kia sales 2023 #2 in the […]June 5, 2024Collision RepairDAS Technology Expands Decade-Long Collaboration with General Motors to Enable Advanced Consumer Engagement TechnologyGM also Selects DAS to Participate in its 2024 Business Development Center Workshop Dealer Tour across 14 Major U.S. Markets SCOTTSDALE, Ariz.–(BUSINESS WIRE)– The equity mining capabilities of DAS Tech’s award-winning CDXP Complete include its ability to match customers with equity or nearing an equity position on their current vehicle and track engagement with its […]May 22, 2024Collision RepairAuto Dealership Buy/Sell Market Achieves New Transaction Record in 2023, Surpassing 2021 Peak; Valuations Remain at All Time Highs for Top Franchises in High Growth MarketsDealership buy/sell transactions increased 6% YoY according to the Annual 2023 Blue Sky Report by Kerrigan Advisors; 680 franchises sold in 2023, an increase of 5.4% compared to 2022, defying broader corporate M&A trends INCLINE VILLAGE, Nev.–(BUSINESS WIRE)– “Despite negative headwinds of higher interest rates and declining profit margins, dealers continued to seek acquisitions, powered […]April 9, 2024Collision RepairFisker Signs New Dealer Partners in US as Strategic Business Shift ContinuesFisker has now signed four dealer partners in the US, with additional signings expected in the coming weeks. New dealers signed are Ourisman Fisker, Classic Fisker, and Long Island Fisker, in addition to the previously announced Mills Automotive Group. Collectively, these dealers will be selling vehicles in North Carolina, South Carolina, Georgia, Maryland, New York, […]February 16, 2024Collision RepairDAS Technology Unveils New SaaS CDXP Innovations at NADA 2024Leading Consumer Data and Experience Platform identifies new SaaS features leveraging data and AI to improve dealer sales and service performance LAS VEGAS–(BUSINESS WIRE)– Within the lead and sales communication module of the CDXP, DAS Technology has introduced new capabilities to improve the conversion rate of sales performance through AI-enabled lead response and prospect nurturing […]February 2, 2024Collision RepairDAS Technology Reveals Milestone 10th Annual Automotive Customer Experience Trends Study at NADA 2024The automotive industry’s most in-depth and longest-running study includes data from 7,000 verified vehicle buyers and service customers LAS VEGAS–(BUSINESS WIRE)– “What was eye-opening from the feedback is that only 37% of consumers indicated they received payment options for their vehicle of interest from a dealer’s lead response communications. In addition, only 29% of respondents […]February 1, 2024Collision RepairRevolutionary Vehicle Security Innovation: Solera Launches LoJack LEA Cutting-Edge Tool to Transform Stolen Vehicle Recovery and Protect Dealerships in High-Risk Areas WESTLAKE, Texas–(BUSINESS WIRE)–Solera Global Corp. (“Solera”), the leader in vehicle lifecycle management, has launched an innovative tool for stolen vehicle recovery and protecting dealerships in high-risk areas under the LoJack brand of solutions. LoJack LE is a game-changing technology designed to […]January 31, 2024Collision RepairSolera’s Vehicle Solutions Auto/Mate Forges Strategic Partnership with IPS ScanIt Parts for Exclusive Parts Scanning SolutionRevolutionizing dealership inventory management WESTLAKE, Texas–(BUSINESS WIRE)–Solera’s Vehicle Solutions business line, the leader in vehicle owner lifecycle management, announced today an exclusive partnership between its Auto/Mate dealer management system platform and Innovative Programming Systems (IPS) and their cutting-edge product, ScanIt Parts. This collaboration aims to bring an exclusive parts scanning solution to Auto/Mate dealers, further […]January 31, 2024Collision RepairCDK Delivers Innovation Across the Dealership Xperience Platform at NADA Show 2024Retail technology leader showcases enhanced workflows, new AI virtual assistant, and thought leadership to navigate continuous industry change AUSTIN, Texas–(BUSINESS WIRE)–There’s no shortage of news in the automotive industry about vehicle affordability, high interest rates, confusion about electric vehicles, and a lack of used car inventory. But there is one headline that rises to the […]January 30, 2024Collision RepairBEN Launches New AI Assistants for Automotive Industry, Goes to Market as BENAuto for NADA DebutNew Use Cases Available for NADA Optimize Customer Services, Reporting and Sales Operations in Dealership and Web-based Interactions JACKSON, Wyo.–(BUSINESS WIRE)–Brand Engagement Network (“BEN”), an emerging provider of personalized customer engagement AI, today announced new BEN Auto use cases, designed specifically to solve pressing industry challenges in the automotive space. In partnership with channel partner […]January 29, 2024Collision RepairVehlo Announces Record Breaking Growth in Dealership Software DivisionStrong growth fueled by new customers and acquisitions KNOXVILLE, Tenn.–(BUSINESS WIRE)– Vehlo’s dedication to enabling dealers to have easy-to-use and seamless technology and its steadfast commitment to customer service has fueled its success and growth. Over the past year, Vehlo has grown its customer base by 40 percent, acquired Rapid Recon, which helps dealers track […]January 27, 2024Collision RepairFisker Leadership to Attend National Automobile Dealers Association Show as Company Makes Strategic Shift to Dealer PartnershipsFisker to share its plans with NADA attendees on Friday, February 2. CEO Henrik Fisker to be interviewed by NADA SVP Jonathan Collegio. Fisker has over 100 dealers in North America and Europe who have expressed interest in signing up for the new Dealer Partnership model. On January 4, Fisker announced a strategic shift to […]January 26, 2024Collision RepairSolera’s Vehicle Solutions Business to Showcase New Technology and Innovations at NADA SHOW 2024Dealer solutions and services on display at the Las Vegas Convention Center WESTLAKE, Texas–(BUSINESS WIRE)–Solera’s Vehicle Solutions business line, the leader in vehicle owner lifecycle management, is excited to present their latest dealer and OEM solutions updates at the NADA SHOW 2024 in Las Vegas from Feb. 1-4. This premier event offers automotive industry professionals […]January 22, 2024
