Retail

Dealer news: Ala. dealership becomes United Way Star; Midway Motors grows in Kan.

An Alabama dealership has become a star when it comes to raising funds for charity. Howard Bentley Buick GMC was presented with the Star Award for the most improved 2024-2025 workforce campaign by the United Way of Marshall County, for ... [Read More]

Wholesale

Surging volume in this consignor segment drives late-model gains at auction

Dealers looking to acquire later-model used vehicles in February were finding them in a rather traditional channel: the auto auction. But the source is not the consignor segment that might first come to mind when discussing this age group. According ... [Read More]

Technology

CarMax among investors in Carpool Logistics’ $12M funding round

A vehicle shipping marketplace received a $12 million investment this week. Carpool Logistics announced it has raised $12 million in Series A growth capital in a round led by Wavecrest Growth Partners, with participation from CarMax, Impel founders Devin Daly ... [Read More]

Financial

EFG launches program that guarantees PRU increase for dealers

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]

Analysis

PODCAST: Automotive Intelligence Award honoree Kevin Roberts

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. To conclude our series ... [Read More]

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