Startup company HeyGreenlight has greenlighted an experienced hand to lead its revenue strategy. The AI-powered platform focused on improving dealership conversations and performance has added Kerry Kolde as chief revenue officer to expand its dealer network growth and scale adoption. Kolde’s resume includes roles with recognizable auto industry names Cars.com, TrueCar, LotLinx and SpinCar (now […] [Read More]

Delavan Holdings has reached a “significant milestone” with the addition of a chief technology officer for the first time. Shawn Theesfeld has been hired to fill the role, which Delavan Holdings said “showcases the company’s continued growth and commitment to advancing its technology capabilities.” Delavan Holdings is an umbrella company created by Delavan, Wisc.-based dealership […] [Read More]

The Dream grows in South Florida. Dream Motor Group, owned by College Football Hall of Fame coach Nick Saban, Joe Agresti and Steve Cannon, has acquired two dealerships in the area from Bill Seidle’s Automotive Group, according to The Presidio Group, which represented the buyer in the transaction. The addition of Bill Seidle’s Nissan and […] [Read More]

Automotive retail M&A has matured. Capital is abundant. Buyer demand is strong. Close to 700 franchises changed hands in 2025, with a similar volume expected across the nation’s 18,300 franchised dealerships in 2026. On paper, dealers are in the driver’s seat. In reality, when a serious opportunity surfaces, an unsolicited offer, a strategic inquiry, a […] [Read More]

Less than a year after it opened, the only Porsche dealership in Iowa has been sold. The Ed Morse Automotive Group announced it has acquired Porsche Des Moines from Woodhouse Auto Family, which launched the store last July to bring a Porsche retail outlet to the city for the first time since 2008, when Ramsey […] [Read More]

For the second time in about a month, CarMax has reached a settlement to resolve allegations of wrongdoing. The newest one is in connection with the district attorney for Riverside County in California. According to a news release distributed at the end of March, CarMax has been ordered to pay $1.1 million to resolve a […] [Read More]

The job of a technician in an auto service business is no longer just about the car. It’s also about communicating with customers, but that’s not necessarily something techs have been trained to do. TruVideo aims to do something about that. The provider of AI-powered video and messaging communication technology has launched a new initiative […] [Read More]

One of the nation’s oldest dealerships has a new owner. Eich Motor Company, which includes Eich Mazda and Eich Volkswagen in Saint Cloud, Minn., has been acquired by David Luther and Luther Automotive Group from Linda Eich-Desjardins. Performance Brokerage Services, which represented the seller in the transaction, said Eich Motor Company is acknowledged as the […] [Read More]

Classic Chevrolet is No. 1 again. And as such, it’s planning a classic celebration. The dealership in Grapevine, Texas, announced it has been recognized as the world’s top-selling Chevrolet dealership by the manufacturer for the third consecutive year and 12th time overall, an achievement it will commemorate with a championship parade and trophy presentation on […] [Read More]

Ship.Cars’ new partnership is a sound idea. The sound will be coming from AI-powered voice automation on the automotive logistics technology provider’s platform, the product of the company’s newly-announced collaboration with artificial intelligence technology company Axe. The voice agents are designed to streamline communication between shippers and carriers by automating routine phone-based workflows — including […] [Read More]