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Germany Deals Tesla Brutal Blow As Q1 Sales Crash 62%

Carscoops

Tesla Model Y Juniper Robert Habeck, Germany’s outgoing Economy Minister, thinks that Tesla’s collapsing sales might make room for local automakers to shine: “The perception is that the passion for Tesla has suffered greatly in recent weeks and months, which is perhaps a good opportunity for the automotive industry in Germany.

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Automotive Retail Software Provider CDK Renews Key Deal

AutoSuccessOnline

The automotive retail software provider CDK Global has renewed its agreement with Great Lakes Auto Group. Automotive Retail Software Provider Powers Dealership Innovation Great Lakes Auto Group will also adopt CDK Network Solutions. The post Automotive Retail Software Provider CDK Renews Key Deal appeared first on AutoSuccessOnline.

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What’s Still Needed To Truly Maximize Digital Deal Jackets

Dealer World

Today's leading auto retailers widely recognize the significance of digital deal jackets in their operations. However, just utilizing a digital deal jacket isnt enough, especially since only 20% of dealers said they utilize a digital copy of a persons drivers license even with a digital deal jacket.

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The Missing Ingredient with Today’s Digital Deal Jackets

AutoSuccessOnline

Today’s leading auto retailers widely recognize the significance of digital deal jackets in their operations. However, just utilizing a digital deal jacket isnt enough, especially since only 20% of dealers said they utilize a digital copy of a persons drivers license even with a digital deal jacket.

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Do end-of-year sales really mean good deals?

Shawn Ryder

As the calendar year draws to a close, car dealerships roll out an array of enticing discounts and promotions, aiming to lure in customers looking for the best deals. As dealerships aim to clear their lots of older inventory, they often offer substantial markdowns, trade-in incentives, and financing deals to attract buyers.

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New England Auto King Herb Chambers Sells Dealer Group For $1.4 Billion

Carscoops

A mega group of auto dealerships across Massachusetts and Rhode Island have been sold in a massive deal worth $1.34 For four decades, Herb Chambers has been one of the most prominent names in the automotive sector across New England. When the deal with Asbury closes, Chambers will be appointed as a Special Adviser.

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McLaren supercar business sold to Abu Dhabi-backed CYVN

Motor Authority

McLaren Automotive has been sold by Bahrain sovereign wealth fund Buyer is Abu Dhabi-owned investment consortium Deal likely paves way for first McLaren EV CYVN Holdings, an investment consortium owned by the Abu Dhabi government, has agreed to purchase 100% of McLaren Automotive, the supercar business of McLaren Group.

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