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Automotive News, Press Releases, and Events

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According to the American Customer Satisfaction Index Automobile Study 2021-2022, overall automotive industry satisfaction declined 1.3% to a score of 77 out of 100, driven primarily by a sharp 4% drop among smaller luxury and mass-market brands. Japanese and Korean manufacturers tied for first place at 79, while legacy U.S. automakers continue to lag behind, though General Motors leads domestic manufacturers at 78. The key takeaway is that the auto industry faces headwinds in customer satisfaction, with particular weakness in smaller luxury segments offsetting gains from Japanese and Korean competitors.

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Autosled announced the launch of in-app turn-by-turn GPS navigation for its transporter mobile application, eliminating the need for drivers to switch between Autosled and external maps while managing shipment details. The feature includes multiple route options and seamless toggling between navigation and load information for full pickup-to-delivery guidance. The announcement generated positive reception from forum members, with at least one participant connecting it to a prior discussion about Autosled's logistics capabilities.

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Kyle Mountsier announces ASOTU CON 2022, a collaborative industry conference scheduled for September 11-13 in Philadelphia that brings together dealers, OEMs, industry partners, and external experts. The event emphasizes a "rebirth" of how the automotive retail industry should engage, positioning itself as a new model for dealer-partner collaboration through meaningful networking and insights. Tickets and details are available at ASOTUCON.com, with the welcome reception hosted by Ciocca Subaru and the main event at Xfinity Live.

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Kimberlyvo created and maintained a daily-updated map and spreadsheet tracking which states, counties, and cities had stay-at-home orders and how they affected auto dealer operations (service-only, online sales allowed, etc.), actively soliciting corrections from dealers in different regions to ensure accuracy. The thread documents specific updates for states like Florida (essential business), Texas (sales to essential workers), Washington (appointment-only with restrictions), and others, with community members like Auto_NC providing local corrections that were incorporated into the resource. The key insight is that regulatory restrictions on dealership operations varied significantly by location and changed rapidly, making a centralized, crowdsourced tracking tool valuable for dealers navigating compliance during the crisis.

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A vendor presents cost segregation studies as a tax strategy for auto dealers who own property, explaining how accelerating depreciation deductions on facility assets (service equipment, renovations, etc.) can reduce taxable income and improve cash flow. The post claims an average study generates approximately $200,000 in immediate tax benefits per property and offers to provide a feasibility report based on dealer-provided data. The key insight is that auto dealerships contain numerous depreciable assets whose tax treatment can be optimized to generate significant near-term tax savings.

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TradePending created a humorous video at NADA 2022 featuring four automotive industry executives attempting to guess trade-in values despite their professional expertise, with the challenge amplified by volatile used vehicle market conditions at the time. The video highlights the difficulty of accurately valuing vehicles even for seasoned professionals in the industry. The takeaway is a lighthearted demonstration that trade-in valuation is more complex than it initially appears, even to experienced dealership leaders.

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EpicVIN announced a new lead generation platform for car dealers that uses AI and machine learning to connect dealerships with online car shoppers while integrating with major DMS systems like DealerCenter and vAuto. The platform offers data analytics tools for tracking results and geo-targeting capabilities to focus advertising efforts on specific regions. The post positions EpicVIN as a solution for dealers of all sizes seeking to expand their customer reach through digital marketing.

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A CDK Global study reveals that Gen Z car shoppers spend significantly more time researching vehicles and find the purchase process more difficult than older generations. Dealers responding to the findings highlight specific solutions, including auditing payment calculators across websites to ensure consistency and offering digital F&I experiences on tablets that reduce friction, increase customer satisfaction, and boost F&I gross profits compared to traditional manager-led processes.

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STELLA Automotive AI announced the hiring of Sherri Eidenberg as Vice President of U.S. Dealer Sales, bringing automotive industry veteran expertise to the company's leadership team. The press release highlights growing demand for AI solutions in dealerships as dealers face staffing shortages and high call volumes, positioning STELLA's conversational AI technology as a solution for handling dealership phone calls. The thread reflects the industry trend toward AI adoption to address operational challenges in retail automotive dealerships.

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AutoMobile Technologies, Inc. (a Repairify subsidiary) has integrated PartsTech's catalog and procurement capabilities into their Repair360 reconditioning management system, providing users with enhanced parts and tire sourcing functionality. The integration aims to streamline the parts ordering process for dealers using the Repair360 platform. This represents a strategic partnership to improve the operational efficiency of vehicle reconditioning workflows.

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Ford's announcement of direct-to-consumer, fixed-price EV sales without dealer involvement sparked debate about whether this represents a genuine business model shift or corporate posturing. While some dealers view it as an inevitable disruption, others argue Ford lacks understanding of direct-sales logistics and that dealers' poor customer communication is the real vulnerability Ford is exploiting to gain leverage over the franchise network.

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Kevin Frye shares a positive review of the Digital Dealer Tampa 2022 conference, highlighting his participation in a podcast with Matador about marketing and user experience, alongside presentations on topics like AI and accountable branding campaigns. Community members express appreciation for his generous recap and suggest follow-up discussions on key takeaways, particularly around SEO strategy for dealers. The thread emphasizes that industry conferences remain valuable for networking and learning about emerging trends like AI that can improve dealer processes and customer experiences.

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The author shares their experience attending the 2022 Digital Dealer conference in Tampa, describing it as a smaller but high-quality automotive industry event that brings together progressive dealers and innovative technology providers. The thread highlights the conference's value for networking with retail automotive marketers, operators, and tech innovators, as well as its breakout sessions covering emerging trends and new processes in the industry.

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A Morning Consult study shows that 60% of U.S. vehicle buyers prioritize safety ratings above driver-assist features, presenting a significant hurdle for autonomous vehicle adoption. The discussion reveals a gap between consumer concerns about full autonomy and genuine enthusiasm for current semi-autonomous features like adaptive cruise control and lane-centering, which experienced drivers already find valuable and trustworthy. The key insight is that consumers are willing to embrace incremental driving assistance technologies today, but widespread adoption of fully autonomous vehicles will require substantial education about SAE autonomy levels and demonstrable safety records to overcome current skepticism.

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DealerBuilt has acquired Vistadash, a marketing analytics dashboard that consolidates automotive metrics from multiple sources to identify marketing blind spots for dealers. The thread clarifies the vague press release by revealing Vistadash's history (originally created by Brian Pasch, sold to CarWars in 2018, now acquired by Hosmer Automotive-owned DealerBuilt) and speculates that the acquisition may be driven by the sunsetting of Google Universal Analytics and potential competitive pressures from CallSource's analytics offerings.

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A former Cox Automotive analyst launched CPyO, a third-party CPO marketplace focused exclusively on certified pre-owned vehicles, currently operating in the Atlanta area with plans to expand. Forum members dismissed the concept as redundant, noting that existing nationwide marketplaces already offer CPO filtering capabilities. The skeptical tone suggests the venture may struggle to differentiate itself in an already-saturated market with established players.

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STELLA Automotive AI won the 5th Kain Automotive Shark Tank Contest, an award voted on by automotive dealership employees themselves, recognizing the company's conversational AI technology for dealerships. The award was particularly significant as STELLA achieved this recognition during its first year in the automotive industry. The announcement was made at the 17th Kain Automotive Client and Friends Workshop in Lexington, Kentucky, which brought together dealerships and technology providers from across the country.

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George Nenni announces the release of the 2021 NADA DATA full year report from the National Automobile Dealers Association, which is available for download. The post indicates this is an annual report he anticipates each April as a valuable research source for automotive industry professionals. The thread appears incomplete, but establishes that NADA DATA is a key industry benchmark that dealers and vendors reference for annual performance analysis.

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CDK Global, a major dealership software provider, was acquired by investment firm Brookfield Business Partners for $8.3 billion in a deal taking the company private. Forum members discuss who the buyer might be and speculate that Brookfield will likely pursue cost-cutting measures and potential asset sales, with one member suggesting the company could be dismantled within 18 months to maximize value from its constituent parts.

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The thread discusses whether a reported $1 billion Dealertrack acquisition of Dealer Authority was an April Fools' joke, which it was, though it sparked a broader nostalgic conversation about past pranks within the DealerRefresh community. Members reminisce about various April Fools' jokes over the years, including one that resulted in legal threats and bans from industry conferences, reflecting on how the tradition has evolved. The key insight is that while April Fools' pranks were once popular in the automotive industry community, members note a recent pullback from the practice given that current real-world events already feel absurd enough.

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Solera's acquisition of DealerSocket and Omnitracs led to massive layoffs (up to 35%) and outsourcing of development work to India, sparking concerns among forum members about service quality degradation and the company's long-term viability. Industry professionals predict DealerSocket will struggle to attract new clients and retain existing ones due to poor support quality and broken promises on integrations, with one dealership group describing their post-acquisition experience as "the worst vendor experience we've had to date." The thread reflects a broader industry skepticism about how private equity-backed acquisitions often prioritize cost-cutting over innovation and customer service.

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TradePending announced its acquisition of AutoAPR, citing shared mission, vision, product, and approach between the two companies. The post includes a link to the official press release and congratulates leadership from both organizations. The thread generated minimal discussion, with only a brief reply from someone who had privately messaged about the news.

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