Hertz is putting Tom Brady in at a new position: used-car salesman. The seven-time Super Bowl-champion quarterback-turned-Fox broadcaster is the star of a new ad for Hertz Car Sales to boost consumer awareness that the rental car giant is also in ... [Read More]

Off-lease volumes and the equity gap between the value of those off-lease vehicles and their residuals: these have been a “double whammy” to OPENLANE’s marketplace business in recent years. But look for that two-headed headwind to reverse course next year. In the company’s fourth-quarter and full-year 2024 earnings call in February, CEO Peter Kelly said he expects 2025 to ... [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]

Is now the right time for used-car shoppers to strike? That’s the $30,000 (give or take) question. There was some year-over-year easing in retail used-car prices last month, according to the latest CARFAX Used Car Index report, which showed declines ... [Read More]