Dealer M&A moves involving Dimmit, Group 1 & Mills groups

Dimmit Automotive Group, which includes 13 dealerships throughout Florida’s Gulf Coast, has expanded to the powersports segment. The group has purchased Cycle Springs Powersports in Clearwater, Fla., according to a news release from Performance Brokerage Services, which advised on the ... [Read More]
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Lane watch: Sagging prices boost sales rates

Black Book’s Market Insights showed that wholesale values dropped 0.31% last week. Analysts said that level of depreciation exceeded pre-COVID norms for this time of year since values typically drop by 0.22%. As a result, Black Book found that the ... [Read More]
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3 key features of subscription-based WarrantyBoost+ from FrogData

FrogData expanded its platform for automotive fueled by launching WarrantyBoost+, what the company called a “groundbreaking” annual-subscription product that can combine warranty rate enhancement with an intuitive service dashboard and key performance indicator (KPI) tracking. By leveraging its AI-driven warranty ... [Read More]


Stephens names new head of investment banking dealership practice

Stephens announced managing director Joe Mowery now will head the investment banking dealership practice, following 20 years as head of the department’s power and industrial technology group. The independent financial services firm said Mowery assumes the role from Matthew Marks, ... [Read More]
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PODCAST: Spiffy’s marketing leader shares thoughts on driving revenue & customer experience with digital servicing

We conclude our series of Auto Remarketing Podcast episodes from the Auto Intel Summit and NRC Spring Summit with a presentation from Spiffy chief marketing officer Grayson Leverenz, who discusses “Driving Revenue & CX with Digital Servicing.” She explains the ... [Read More]