It has been quite an odd and unprecedented week for the auto industry and its largest annual event. Amid the historic snowstorm that hit New Orleans on Tuesday and hampered travel into the city for NADA Show 2025, the president ... [Read More]

Cars Commerce has strengthened its position in the wholesale automotive space this week with the acquisition of DealerClub, a reputation-based dealer-to-dealer digital wholesale auction. The purchase, which closed Thursday according to a news release, included approximately $25 million in cash ... [Read More]

Artificial intelligence technology provider Impel is joining with FordDirect in a strategic partnership to bring Impel’s conversational AI products to Ford dealers and Lincoln retailers nationwide. FordDirect is a joint venture between Ford Motor Company and its franchise dealers that ... [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]

Pickup trucks and SUVs have long been the dominant vehicles in the U.S. market, but that dominance could be diminishing, according to the latest study by the Dave Cantin Group. The automotive M&A advisory firm’s semiannual Market Outlook Report, released ... [Read More]