Retail

CARFAX adds a new 5X recognition to its Top-Rated Dealers Awards

Once again, CARFAX has selected the dealers on its platform deemed best by their customers. This time, though, they’ve added an extra twist, highlighting dealers who have remained on top. The sixth annual CARFAX Top-Rated Dealers Awards were chosen this ... [Read More]

Wholesale

PODCAST: OPENLANE’s Forrest Dougan on data science, EVs, wholesale sales & more

OPENLANE senior director of business intelligence Forrest Dougan joined the Auto Remarketing Podcast to discuss the analytics and data science side of wholesale automotive. Dougan talks with Cherokee Media Group senior editor Joe Overby about where wholesale prices and sales ... [Read More]

Technology

Dealer groups among latest investors in Orbee’s technology

Orbee, a provider of automotive data management and middleware software, announced it has received additional capital funding from investors that include two dealership groups. The company plans to use the funding to expand its sales and customer support efforts and ... [Read More]
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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

Report finds U.S. market hits ‘peak truck’ as consumers seek more affordability

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]

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