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Sep. 23, 2026

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Auto Dealer News

  • 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
  • Federal Lawsuit Puts Washington in Thick of Scout Motors Fight

    The WSADA has filed suit against Volkswagen subsidiary Scout Motors, alleging the EV maker’s direct sales plan runs afoul of state franchise laws. +

    Jul. 8, 2026
  • Tesla Could Reverse Sales Slide After Setting New Record in Q2

    Tesla is on track to end a two-year streak of declining sales after reporting the delivery of 480,126 new units worldwide in the second quarter. +

    Jul. 6, 2026
  • Hendrick Acquires Pair of North Carolina Highline Stores From Paramount

    Hendrick Automotive Group’s portfolio now includes 31 brands in 140 rooftops with the purchase of Foreign Cars Italia of Charlotte and Greensboro. +

    Jul. 6, 2026
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