Retail

The latest news updates on the retail segment of the automotive industry.
Sales
Car buyers trying to beat tariff price hikes did a ‘bank run’ on dealers’ lots in April

Motor Intelligence estimated April’s seasonally adjusted, annualized sales rate at 17.3 million — only behind March’s 17.8 million, which had been the highest in four years.

Car buyers trying to beat tariff price hikes did a ‘bank run’ on dealers’ lots in April
Buy-Sell
Dealership buy-sell database updates: 3 top 150 dealership groups acquire stores
Dealership buy-sell database updates: 3 top 150 dealership groups acquire stores
Retail
$250 million to $275 million in Asbury divestitures will pay down some of debt from $1.3 billion Herb Chambers deal
$250 million to $275 million in Asbury divestitures will pay down some of debt from $1.3 billion Herb Chambers deal
Finance Insurance
Legal fight over CARS Rule appears over as FTC deadline to try Supreme Court passes
Legal fight over CARS Rule appears over as FTC deadline to try Supreme Court passes
Hyundai was OK to reject new dealership owner because he lacked U.S. experience, judge says
Sonic Automotive buys out longtime partner in Volvo dealership
Hendrick Automotive to buy Chevy, GMC stores
Guest commentary: As auto loans get longer, the risk to lenders grows
F&I tips: Have the courage to say no to a deal
CFPB withdraws lawsuit against Credit Acceptance
Guest commentary: How technology can offset new-vehicle sales slumps, drive profits
$600,000 raised at gala will further reach, impact of technician training program
Believe in yourself — even when others don’t
Top 100 dealership groups grow used-vehicle sales by game-planning, adding stores
Here’s our list of the 2025 top 100 dealership groups in used-vehicle sales
How Automotive News compiled its top 100 list