Retail

Dealer news: Lithia sells its W.Va. stores; Trophy adds No. 2 Kia dealership

Lithia and Driveway, the most active dealership group in the buy-sell market, is at it again — this time as a seller. Lithia has sold three dealerships in West Virginia to Atlantic Coast Automotive Group, a move broker Dave Cantin ... [Read More]

Wholesale

NAAA members sell nearly 7.6M vehicles in 2024

Here’s a positive comparison back to 2020 when the automotive industry faced unprecedented challenges from the pandemic. The National Auto Auction Association said on Wednesday that member auctions reported nearly 7.6 million vehicles sold in 2024, representing the highest sales ... [Read More]

Technology

eSTART celebrates first anniversary, plans events, awards for year 2

After a year of explosive growth, the eSTART Coalition is focused on expanding its reach in its mission to modernize the vehicle title and registration process. The consortium of vendors, associations and other stakeholders representing all sectors of the auto ... [Read More]

Financial

J.P. Morgan powers Danish firm’s move into U.S. to boost EV charging payments

A Danish company is bringing its payment technology for electric vehicle charging to America, with help from J.P. Morgan. The financial services firm said Monta an EV charging platform based in Denmark, is expanding to the U.S., aiming to strengthen ... [Read More]

Analysis

NICB reports largest drop in U.S. vehicle thefts in 40 years

A year after reaching a record high, U.S. vehicle thefts hit another historic mark — for the largest annual decrease in 40 years. Data compiled by the National Insurance Crime Bureau showed auto theft plummeted in 2024, dropping 17% year-over-year ... [Read More]

X