Car-shopping marketplace and dealer reputation site Cars.com honored more than 1,000 dealers throughout North America with its annual Dealer of the Year Awards. The company said the winners were selected based on more than 1.3 million online consumer reviews submitted ... [Read More]

Repossession volume in the wholesale vehicle market climbed the last three years and reached pre-pandemic levels in 2024, according to January data from Cox Automotive. After hitting 1.7 million units in 2024, annual repo volume at auction is likely to remain at that level through 2029, Cox predicts. Amid these sustained heights of repo volume making their way to wholesale channels comes an important reminder: the process a vehicle undertakes through recovery is “complicated and full of friction, with many business verticals playing roles in the same space, grinding gears.” ... [Read More]

The automotive industry is in a defining era — one where traditional dealership strategies must evolve to keep pace with changing market conditions. Already in 2025, dealers are challenged with an increasingly complex market. Inventory challenges, rising carryover rates, 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]

As part of the inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industries. Next up on our ... [Read More]