Buying

Charleston-based Hudson Auto Group grows to 39 dealerships after buying Summerville Ford

A Charleston-based automobile dealer can now count 39 stores in its growing footprint across the Southeast and Midwest.

Hudson Automotive Group recently bought the franchise for Summerville Ford at 9700 Dorchester Road in North Charleston. Financial terms were not disclosed.

The previous owner was Mitchell Family Office of Birmingham, Mich., which has exited the car dealership business to concentrate on its health care holdings, according to Haig Partners LLC, an auto broker in Fort Lauderdale, Fla.


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“We made the decision to sell the Summerville Ford store to allow us to completely focus on the family’s core business opportunities in health care,” said Mark Mitchell, owner of Mitchell Family Office.

Earlier this year, the Michigan firm sold its Toyota of Bristol dealership in Tennessee to Springhill Automotive Group of Mobile, Ala.

Hudson Automotive CEO David Hudson said the Summerville Ford acquisition “aligns well” with his group’s principals of service and

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5 common objections to buying an electric car, debunked

As more Americans consider an electric car, many shoppers still have questions and concerns — some of which are actually outdated or unfounded.

This year will see the release of more electric cars — and even pickup trucks — prompting 27 percent of likely shoppers to say they would consider buying an electric car in the next four years, according to a study by J.D. Power. And the popularity of EVs continues to rise. While auto sales were down 21 percent year over year in the final quarter of 2021, mostly due to parts shortages, sales of electric vehicles rose 72 percent, according to Kelley Blue Book analysts.

Despite a surge in popularity and improved capability, the common objections to buying an EV continue to be “all the usual suspects,” says Stewart Stropp, senior director of automotive retail at J.D. Power.

What are the most common objections to buying an

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Automotive Dealerships Need Compelling Digital Buying Journey, According to New Data from OSF Digital | News

This latest report makes a case for automotive dealers to optimize their websites to drive greater sales

QUEBEC CITY, Jan. 27, 2022 /PRNewswire/ – OSF Digital, a leading provider of digital transformation services to companies worldwide, has released a new report titled: The OSF Digital 2022 U.S Automotive Dealership Ecommerce Benchmark Study. The report reveals that consumers want to complete car research online to get direct visibility into inventory at specific dealerships. It also indicates that consumers want the convenience of requesting a meeting to get a quote or book a test drive, and they want access to marketplaces of related products to help streamline their busy lives. Despite this need, many U.S. automotive dealers are behind and not providing online tactical, tangible, and pragmatic solutions to engage customers. Download and read the full benchmark report here.

“Customers are digital-first, and automotive dealerships need effective digital

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Inflation is driving up car prices. 6 tips for buying in 2022

2021 was an unusual year for the automotive industry. While customer demand for new cars rebounded from the economic uncertainty of 2020, automakers found themselves unable to meet that demand because of semiconductor chip shortages and supply chain problems, and prices for both new and used cars skyrocketed. 

So what should car shoppers expect for 2022? Much of the same, unfortunately.

“Competition for new vehicles will be fierce as inventory shortages persist in 2022,” said Ivan Drury, senior manager of insights for the auto website Edmunds.

Along with shortages and supply chain issues, drivers also have inflation to thank for continued price hikes for cars in 2022. Overall consumer inflation soared 7% in 2021, the biggest increase in nearly 40 years, the Labor Department said on Wednesday. Used car and truck prices, a main driver of the surge, shot up 37% last year, with the average used vehicle now costing

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