Lithia Makes 3Q Strides

Vic Vaughan Toyota of Boerne is ready to get its new service center off the ground. The dealership in the San Antonio suburb of Boerne, Texas, will break ground on its 28,639-square-foot facility with a ceremony Tuesday. “As our dealership continues to grow, so does our commitment to providing an unparalleled service experience for our customers,” dealer principal and CEO Shawn Vaughan said. “This new facility will not only expand our capacity but also introduce cutting-edge technology and sustainable practices, reinforcing our dedication to innovation and environmental responsibility.” In a news release, the dealership said the new construction will bring […]
Read MoreZeroSum has to admit it doesn’t have all the answers. But the marketing and data software firm understands why cars have been flying out of dealerships for the past month. In its latest “State of the Dealer” report, ZeroSum said March used-vehicle sales soared to the highest level in its seven years of tracking that data, while new-vehicle movement jumped 38% month-over-month, thanks to a combination of more selling days, tax refunds and — most notably — pull-ahead sales related to tariff concerns. “On a monthly basis, the ‘State of the Dealer’ report strives to answer the question all automotive […]
Read MoreLamenting. Bracing for impact. Embracing. Preparing. Seeing an opportunity.
Those are but a few of the ways auto dealers are responding to the Trump administration’s 25% tariff on vehicles imported to the U.S. — a policy that became effective Thursday.
In statement Wednesday, Cody Lusk — president and CEO of the American International Automobile Dealers Association, which representing U.S. franchise dealers selling import brands — said that …
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