Retail

Dealer news: NADA donates to New Orleans victims; Tekion scores a win; dealership acquisition in Ohio

With its signature event set to begin next week in New Orleans, the National Automobile Dealers Association is reaching out to help, in light of the city’s New Year’s Day terrorist attack. NADA announced it has donated $25,000 to the ... [Read More]

Wholesale

Study finds undetected transmission issues could cost industry billions

CarDr’s diagnosis shows issues that could be costing the used-car industry more than $7 billion. The latest diagnostic study from the automotive diagnostic and appraisal technology provider, using data from CarDr’s on-board diagnostic scanner, found more than 5.5% of all ... [Read More]

Technology

PODCAST: Where AI and used-car sales meet

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a Speed Session featuring Todd Smith, who is CEO of QoreAI. Smith explained how artificial intelligence now can swiftly match potential ... [Read More]

Financial

EFG launches program that guarantees PRU increase for dealers

With dealership profitability down over the past two years, EFG Companies wants to give auto dealers a way to boost their personal wealth creation strategies. To that end, the F&I and reinsurance provider has introduced its Wealth Builder Profit Participation ... [Read More]

Analysis

Hybrids steal the spotlight as the powertrain grows in popularity

There were naturally some new battery-electric vehicles at this year’s Los Angeles Auto Show in late November. But another kind of electrified powertrain stole the show: hybrids. Long gone are the days when hybrids were a quirky type of powertrain ... [Read More]

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