In February 2022, Carvana got into the brick-and-mortar auto auction business by announcing it would acquire the U.S. business of ADESA. To close February 2025, Carvana made a move into the brick-and-mortar dealership space. Multiple news outlets, including the Phoenix ... [Read More]

ACV made four acquisitions last year and two the prior year. Those purchases included the likes of Indiana Auto Auction, 166 Auto Auctions and Alliance Auto Auction. But the expansion strategy for 2025 will look a little different ... [Read More]

Dealer Solutions & Design has a new look, a new website — and a new dealership asset management platform. DSD, a provider of fixed operations design, consultations, equipment specs, installation and project management for automotive facilities, said it has completed ... [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]

The No. 1 issue stopping consumers from buying electric vehicles is about charging. And so are the No. 2 and No. 3 reasons. J.D. Power’s February E-Vision Intelligence Report, citing the research firm’s recent U.S. Electric Vehicle Consideration Study, said ... [Read More]