As delinquencies rise and margins tighten, leading auto lenders use AI agents to cut collections and servicing costs without compromising...
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Sonic adds 4 Calif. stores to claim title of largest U.S. Jaguar Land Rover dealer
Tuesday, Jul. 1, 2025, 02:31 PM
COMMENTARY: Navigating the insurance maze & choosing the right broker for your multi-brand dealership
Tuesday, Jul. 1, 2025, 12:47 PM
Gold Standard & Trusted Sale align for CPO program to help dealers of any size
Tuesday, Jul. 1, 2025, 09:45 AM
Examining Canadian CPO market
A session at Canada’s Used Car Week featured a mix of automaker and dealership executives, who examined Canada’s certified pre-owned vehicle market, how CPO sales are faring, OEM-dealer partnerships, challenges and opportunities in CPO, vehicle supply dynamics and more. Listen Here
7 top executives discuss Canadian wholesale market
One of the highlights of Canada’s Used Car Week was a stage full of top executives from the wholesale market. Cherokee Media Group’s Joe Overby led a conversation with these executives, who discussed macroeconomic, technological and market factors impacting their ... Listen Here
Why Agora Data’s Steve Burke is so bullish about automotive
Agora Data’s Steve Burke is one of the most upbeat executives you can find in auto finance. When asked about his outlook for the car business during a conversation at the National Independent Automobile Dealers Association’s annual convention last week ... Listen Here
Retail
CARFAX Lifetime new-car ads approved for GM iMR Turnkey program
CARFAX’s relationship with General Motors has grown. The company said CARFAX Lifetime dealers will now receive new-car ad placements on CARFAX Reports, CARFAX Car Listings, and CARFAX Car Care to qualify for GM’s In-Market Retail Turnkey program. The extended collaboration ... [Read More]
Dealer roundup: Buy-sell activity after Fourth of July involves 13 stores; Group 1 helping flood victims
Once the industry cleared the Fourth of July, buy-sell activity involving dealerships exploded like fireworks with Haig Partners and Performance Brokerage Services announcing transactions involving 13 stores in three states. Beginning with Haig Partners, the firm served as the exclusive ... [Read More]
Wholesale
IAA finalizes new market alliance in Azerbaijan
RB Global is enhancing its worldwide presence again via IAA. The company announced on Thursday that IAA has launched a new market alliance with CarGo Logistic Azerbaijan. According to a news release, CarGo Logistic Azerbaijan will operate an IAA Auction ... [Read More]
Lane watch: Fourth of July week moves ‘not entirely unexpected’
Perhaps some dealers didn’t rest much last week, which included the Fourth of July. With the holiday in mind, Black Book experts weren’t surprised when they assembled the newest wholesale data for their latest installment of Market Insights. Black Book ... [Read More]
Technology
Lotlinx’s inventory management and pricing system earns AI innovation award
Lotlinx’s innovation in artificial intelligence has been rewarded. The dealership inventory management platform has been recognized as the recipient of the 2025 LLM Innovation Award by market intelligence organization AI Breakthrough. Lotlinx was one of four companies honored for their ... [Read More]
Newest UVeye tool can generate instant AI-powered, used-car merchandising
An MRI is a valuable medical examination to determine the extent of injuries and other ailments. UVeye is about to bring “MRI for vehicles” via a new offering that can generate 360-degree car photos for appraisals and listings. On Thursday, ... [Read More]
Analysis
70% of recall issues can be detected early using connected car data, report says
Connected cars can provide entertainment, give directions and help prevent collisions. But according to a new report from AI-powered cloud-based data management platform Upstream, one thing they can do — but aren’t — is help reduce vehicle recalls. Upstream’s report, ... [Read More]
Used inventory aging as COVID gap continues to affect the market
Used-vehicle inventory is not just getting tighter. It’s getting older. Cox Automotive data presented during this week’s Q2 Manheim Used Vehicle Value Index call shows the significant impact the COVID pandemic has made on the current supply. The average age ... [Read More]
