Your Photo Vendor Didn’t Show Up Again? Let’s Fix That. Stop relying on vendors and start owning your inventory. This...
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Group 1 upsizes its revolving credit facility to $3.5 billion
Monday, Jun. 2, 2025, 11:49 AM
DriveCentric integrates Urban Science defection data into its CRM workflow
Monday, Jun. 2, 2025, 02:00 PM
TraXtion promotes auto industry tech veteran Kokesh to president and COO
Monday, Jun. 2, 2025, 03:26 PM
How smart dealers & automotive companies now leverage AI
Artificial intelligence is almost as prevalent in automotive nowadays as car row in your community. But how are the smartest dealerships and service providers using AI? A trio of executives tackled that question and more during a panel discussion at ... Listen Here
Connecting auto-finance data with brand loyalty
Auto-finance data often highlights trends such as originations and delinquencies. But for the closing presentation of this spring’s Auto Intel Summit, TJ Cox of TransUnion and Jill Louden S&P Global Mobility took a different approach about what auto-finance data could ... Listen Here
Focus on fraud prevention the next step on Dealertrack Canada president Jill Hadfield’s journey
Jill Hadfield’s road to her current role as president of Dealertrack Canada and Collateral Management Solutions was a long and winding one, leading from a mechanical engineering degree through product development, marketing and eventually to the head of Canada’s largest ... Listen Here
Retail
Group 1 upsizes its revolving credit facility to $3.5 billion
Group 1 Automotive announced a $1.0 billion increase in its revolving syndicated credit facility to $3.5 billion, as well as an extension of its maturity date to May 30, 2030. The dealership group, which operates 263 dealership locations and 39 ... [Read More]
Flexcar moves downtown with new headquarters in Boston
Flexcar has a new home. The month-to-month flexible car lease company has moved into its new headquarters in downtown Boston, a 16,000-square foot space that’s more than 15% larger than its previous office in the city’s Seaport district. The company ... [Read More]
Wholesale
America’s Group expands presence in Wisc. with latest acquisition, its 6th of 2025
America’s Group has made its sixth acquisition of the year, announcing Thursday that it has purchased Western Wisconsin Auto Auction, its second location in the state. The Chippewa Falls-based auction is located 97 miles east of Minneapolis and is less ... [Read More]
Tariffs generate interest in Cars Commerce’s used-car pricing & auction tools
n late March, as the auto industry scrambled to get its arms around President Trump’s tariffs on vehicles built outside of the U.S., Cars.com saw a “notable increase” in the number of dealers asking to demo and trial its AccuTrade used-car appraisal tool and its DealerClub used-car, dealer-to-dealer digital wholesale marketplace, said Sonia Jain, the company’s chief financial officer.
AccuTrade has steadily expanded its user base and crossed the ... [Read More]
Technology
TraXtion promotes auto industry tech veteran Kokesh to president and COO
TraXtion, a provider of tire diagnostic software systems, has promoted auto industry technology veteran Brad Kokesh to president and chief operating officer. Kokesh, who has served as TraXtion’s chief revenue officer since joining the company in late 2023, will lead ... [Read More]
DriveCentric integrates Urban Science defection data into its CRM workflow
DriveCentric and Urban Science have teamed up to tell car dealers about the ones that got away. The CRM provider said its “bi-directional integration” with automotive consultancy and technology firm Urban Science provides Urban Science’s updated-daily insights on lost sales ... [Read More]
Analysis
AAA survey shows sagging interest in EVs
Electric vehicles appear to be losing some juice with consumers, if AAA research is taken at face value. Counter to research projects recently compiled by Experian and J.D. Power, results from AAA’s latest survey released on Tuesday indicated that only ... [Read More]
Report shows slowest Q1 for dealership buy/sell market in 10 years
The first quarter of 2025 was the slowest Q1 for dealership buy/sell activity in at least 10 years, while dealership profits remained at a high level, according to the latest report from Haig Partners. The Q1 2025 Haig Report showed ... [Read More]
