Acquiring enough used inventory is the usual problem for dealerships. In the fourth quarter of 2024, Sonic Automotive faced the opposite problem — it had too much used inventory. Poor results in the EchoPark Automotive used-car segment pulled down Sonic’s overall performance in the fourth quarter, Sonic executives said on the earnings call. EchoPark revenue in the fourth quarter ... [Read More]

The National Auto Auction Association’s Cybersecurity Task Force says auctions need to beware of cockroaches. But not the insect kind. The task force’s latest educational resource provides examples of real-life incidents to spread awareness of cybercrime and fraud, while also ... [Read More]

Next up on our series of Auto Remarketing Podcast episodes from Used Car Week in Scottsdale, Ariz. is a conversation about “Navigating the Future: Managing Risks in the Era of Connected Cars.” Led by moderator Courtney Dusseau, the auto and ... [Read More]

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]

Three-year-old cars have become less reliable than at any time in more than 15 years, according to the latest data from J.D. Power. The research firm’s 2025 U.S. Vehicle Dependability Study found vehicle problems after three years of ownership have ... [Read More]