“Required reading”
“Without peer”
“An insider’s view”
“Highly recommend”
“THE source”
“Worth the investment”
“The best insights”
“Authoritative”

Recent Analysis

DealerSocket, Auto/Mate Parent Solera Files for IPO

DealerSocket, Auto/Mate Parent Solera Files for IPO

June 30, 2024 — As expected, automotive software vendor Solera filed publicly Friday for an initial public offering with the US Securities and Exchange Commission. The Vista Equity-owned company filed confidentially in May indicating a likely IPO later this summer. Friday’s paperwork did not disclose the price or number of shares Vista plans to sell… Continue Reading

The Impact of the CDK Hack Will Take Years to Play Out

The Impact of the CDK Hack Will Take Years to Play Out

June 27, 2024 — Late Thursday afternoon, CDK Global began rebooting the systems for a test group of dealers, following a two-pronged cyber attack more than a week ago. (UPDATED July 11 — According to a CNN report, CDK likely paid a ransom of $25 million to the hackers on June 21 — in numerous… Continue Reading

Top Dealer Groups – Not Much Change in 20 Years

Top Dealer Groups – Not Much Change in 20 Years

May 31, 2024 — Automotive News recently published its annual list of the industry’s top 150 dealer groups. Each year, I study the list to see the trends, and to determine whether any seismic industry changes may be lurking beneath the radar. Until a couple of years ago when Ward’s stopped publishing it, the annual… Continue Reading

M&A Action in Automotive Retail Heats Up as 3 Monster Deals Take Shape

M&A Action in Automotive Retail Heats Up as 3 Monster Deals Take Shape

May 6, 2024 — A flurry of transactions in April indicates that investment and acquisition activity among tech players in the automotive retail space is starting to heat up after a slow 2023 and early 2024.  Anchoring the activity are three pending monster deals that, if completed, could raise multiples for other companies looking for… Continue Reading

Inflation Data Not Yet Cooperating for Interest Rate Cuts This Year – But That May Change

Inflation Data Not Yet Cooperating for Interest Rate Cuts This Year – But That May Change

March 12, 2024 — At the start of 2024, conventional wisdom held that Federal Reserve Chairman Jay Powell would initiate a series of interest rate cuts throughout the year as inflation began to slow. Some optimistic economists even predicted up to six cuts in total for this year. However, the financial narrative took an unexpected… Continue Reading