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Aug. 7, 2026

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Auto Dealer News

  • Report: More Americans Are Trading Premium Vehicles for Mainstream Models

    New JD Power data shows growing numbers of premium compact car, compact SUV and midsize SUV owners are joining a “measurable” downmarket migration. +

    Aug. 7, 2026
  • Toyota, Mazda Slip as Hybrids Drive July Sales for Honda, Kia, Hyundai

    Automotive News’s July sales report finds limited inventories have “hamstrung” U.S. Toyota dealers while competitors get a boost from strong hybrid demand. +

    Aug. 3, 2026
  • Lotlinx Appoints King as President and CFO

    George King adds Fortune 500 leadership and global investment banking experience to Lotlinx’s executive team as the inventory performance intelligence company expands its AI capabilities. +

    Aug. 3, 2026
  • Group 1 Acquires Hennessy’s 10-Store Atlanta Portfolio for $1.3 Billion

    Atlanta will become Group 1 Automotive’s second-largest market with the billion-dollar purchase of Hennessy’s Automobile Companies’ 10 dealerships. +

    Jul. 30, 2026
  • California Dealer Sues Agency for Alleged Failure to Provide Services

    The owner of Aaron Automotive Group claims a dealer services provider made false promises to deliver training, consulting and process implementation. +

    Jul. 27, 2026
  • Lotlinx Q2 Report: Strong New-Car Sales Mask Deep Inventory Risk

    The latest quarterly VIN-based inventory report from Lotlinx finds rebounding sales driven by new launches but offset by persistently aged inventory. +

    Jul. 24, 2026
  • Penske, Mitsui Bid to Take Penske Automotive Group Private at $13.8 Billion

    A nonbinding proposal from Penske’s largest shareholders would take one of the “Big 6” publicly traded dealer groups private at $210 per share. +

    Jul. 22, 2026
  • Survey: Only 9% of Dealers Spot Struggling Inventory Within 15 Days

    Lotlinx’s 2026 Inventory Health Survey finds ample room for improvement in the way franchised dealers identify and minimize “at-risk” units. +

    Jul. 20, 2026
  • California Launches $3,500 Instant EV Rebate for First-Time Buyers

    In a reversal of a reversal, California Gov. Gavin Newsom has approved a rebate for first-time ZEV buyers to offset the loss of a federal tax credit. +

    Jul. 20, 2026
  • NADA Opens Dealer Attitude Survey

    The National Automobile Dealers Association has opened the Summer 2026 edition of its semi-annual Dealer Attitude Survey, a “report card” that informs high-level discussions with factory executives. +

    Jul. 10, 2026
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