Retail

Dealer news: Group 1 expands in UK, Fisker adds dealerships in Florida & Europe

Group 1 is expanding its presence in the U.K., announcing Monday it has agreed to acquire the car dealerships and related real estate of an Inchcape plc subsidiary for approximately $439 million in cash. The deal, which must be approved ... [Read More]

Wholesale

ACV now provides transport & logistics on vehicles bought through other platforms

ACV has expanded yet again, but this time, it’s within the vehicle transport and logistics side of the business. The company said Monday that its ACV Transportation unit, which provides vehicle logistics solutions, is now offering its services for vehicles ... [Read More]

Technology

COMMENTARY: How AI is enhancing vehicle inspections for car buying, selling & transportation

Artificial intelligence is rapidly transforming nearly every industry, and the automotive sales, remarketing, and transportation sector is no different. AI-powered vehicle inspections have recently emerged as a groundbreaking innovation. Vehicle inspections are crucial to determining a car’s condition and value, ... [Read More]

Financial

InfoSum, Experian seek to increase power of auto brands’ first-party data

Data collaboration platform InfoSum and Experian are teaming up to help automotive brands use their own data to better connect and engage with the right buyer at the right moment. The companies have launched a solution designed to securely access ... [Read More]

Analysis

March brings surge of inventory, falling prices, Cars Commerce report finds

When tax season arrives, dealers know customers are coming — and they need cars to sell them. Not surprisingly, then, the monthly Cars Commerce Industry Insights Report for March showed a big surge in inventory. The report found used-car supply ... [Read More]

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