Retail

The latest news updates on the retail segment of the automotive industry.
Executives
Ousted Reynolds and Reynolds CEO sues; Walsh assumes acting CEO role

Reynolds and Reynolds appointed President Chris Walsh to serve as acting CEO following the departure of former CEO Tommy Barras.

Ousted Reynolds and Reynolds CEO sues; Walsh assumes acting CEO role
Retail
Daily 5 report for May 21: U.S. dealers more concerned about tariffs in Q2, Cox survey says
Daily 5 report for May 21: U.S. dealers more concerned about tariffs in Q2, Cox survey says
Retail
Dealers not fans of tariffs despite profit, sales bump from customers racing the duties
Dealers not fans of tariffs despite profit, sales bump from customers racing the duties
Buy-Sell
Group 1 Automotive buys three luxury brand dealerships in two states
Group 1 Automotive buys three luxury brand dealerships in two states
Toyota Industries set to accept $41.4 billion buyout proposal, report says
Canadian dealership group adds to U.S. footprint with purchase of Ohio Toyota store
Zeigler Auto acquires Jeep dealership from LaFontaine Automotive to grow Stellantis brand offering
Captive finance companies, other auto lenders describe issues, benefits of tariffs
GM overhauls GM Rewards program, credit cards
Guest commentary: Where dealerships see opportunities to sell F&I products in 2025
Overheard: Mistakes will happen; how you fix them is what’s important
Philadelphia Catholic high school opens 3-year technician training academy
Dealer Stream, Blockboard team up to combat streaming advertising fraud
Billionaire Carvana CEO sells most shares ever as stock soars
Hertz sees net loss jump to $443 million during fleet refresh
AutoTrader, NHL announce multiyear Canadian partnership