AutoCanada took another major step towards divesting its U.S. properties, selling Toyota of Lincolnwood in the Chicago area for $40 million in cash (CAD) to Serra Automotive. The deal closed Monday. AutoCanada anticipates selling the rest of its remaining U.S. dealerships by the end of the year. Since classifying its U.S. segment as discontinued operations […] [Read More]

Carvana has teamed up with the Jimmie Johnson Foundation to help fast track the career development of aspiring automotive professionals. The online used-car retailer and seven-time NASCAR Cup Series champion have debuted Driving Brighter Futures, a grant program that aims to foster and improve career and technical education (CTE) in automotive and engineering programs at […] [Read More]

For car buyers of a certain age (43, in my case), the analog days of affordable vehicle hunting meant keeping your eyes peeled, head on a swivel for those “For Sale” signs. Black background, bright orangey-red letters. Usually somewhere on the vehicle’s dashboard. As a teenager in the late 90s and early 2000s looking to […] [Read More]

RockED has launched a new program to help dealers, dealership managers and frontline teams prepare for Federal Trade Commission pricing enforcement, promote advertising transparency and continue to adapt to evolution in the regulatory environment. The “FTC Pricing Enforcement: A Dealer Information Series” course is free to all dealers across the U.S. and includes 12 short […] [Read More]

You think you’ve got some pieces of inventory that just won’t turn? New CARFAX data released on Thursday showed the total number of park outside recalls has spiked nearly 50% in the last week to more than 3.2 million vehicles nationwide. CARFAX recapped that a park outside recall is issued when automakers and federal safety […] [Read More]

Carvana, best known as an online used-car retailer, also happens to sell new cars through the seven Stellantis dealerships it operates. And at its Stellantis store in Dallas this week, Carvana launched its first Test Drive Center: a casual, no-pressure experience meant to give shoppers the flexibility to explore new cars “on their own terms” […] [Read More]

On Thursday, Xcite Automotive promoted Ryan Gee from president to chief executive officer in a move the company said marks its next phase of operational excellence, product innovation, and customer-focused growth. Xcite highlighted Gee has provided crucial leadership since 2024, helping scale the company’s merchandising services and platform while expanding relationships with dealer groups, OEMs, […] [Read More]

Loyalty is one of those words that gets thrown around in business conversations regularly, yet its true depth is rarely fully appreciated. Ask most car dealership managers about the value of a loyal customer and they’ll point you to a number. They wouldn’t be wrong, but that would be incomplete. The monetary value of a […] [Read More]

Certified pre-owned sales illustrate what it’s like to be in the car business in 2026. There’s some positive momentum, but softer performance, too, depending on your time comparison. According to data reviewed by Cox Automotive and recapped by Scott Vanner, a manager of economic and industry insights, CPO sales in May decreased by 0.9% year-over-year, […] [Read More]

Dealerships are turning just about as fast as that pristine cherry you just took as a trade that has a potential buyer already returning your text message. The First Quarter 2026 Blue Sky Report by Kerrigan Advisors highlighted records for the dealership buy/sell market. A 21% jump in deals year-over-year during Q1 came from a […] [Read More]