Mobility Global Inc., which launched as an independent public company on July 1, has released its financial results for the second quarter ending June 30. The company — whose core brands include IHS Markit, Polk, automotiveMastermind, Market Scan and Carfax — pulled in revenues of $468 million in the second quarter, a 7% year-over-year increase. […] [Read More]

Fleets have been getting more mileage out of their work trucks and vans — quite literally. According to the Q2 2026 Commercial Vehicle Market Analysis from Work Truck Solutions, median mileage on work trucks and vans came in at 77,507 miles in the second quarter. That was up 30.8% from the first quarter and 24.5% […] [Read More]

New data from Edmunds and TransUnion showed a wave of consumers who previously owned an electric vehicle — particularly a Tesla — are trading the EV for a hybrid model at a record pace. And they’re often taking on a growing amount of financing to get the deal completed. Edmunds recently indicated a record 20.5% […] [Read More]

Disparate impact theory sometimes made automotive compliance professionals nauseous, especially when it was used by federal regulators to generate settlements for as much as $10 million in a single situation. Late on Friday, those professionals — and three dealership groups — got some relief courtesy of the Federal Trade Commission. The FTC announced a policy […] [Read More]

“The future of automotive retail,” says LaFontaine Automotive Group CEO Ryan LaFontaine, “is about meeting customers wherever they choose to shop while delivering an experience built on trust, transparency, and convenience.” And the dealer group is now meeting those customers on Amazon Autos. The Michigan-based retailer said Friday that its 40-plus dealerships have joined the […] [Read More]

Wholesale vehicle values have cooled after a spring season peak, with seasonal depreciation and affordability front and center — though with some variance by segment. That’s the major takeaway from the latest monthly used-car price indices released by Black Book and Cox Automotive, respectively. Starting with Black Book, its Used Vehicle Retention Index came in […] [Read More]

EchoPark Automotive, which is Sonic Automotive’s chain of standalone used-car stores, said Thursday it has relocated its North Houston dealership. EchoPark recently opened a new state-of-the-art facility at 18310 North Freeway in Houston, a move that broadens the retailer’s footprint “in one of the region’s fastest-growing communities, bringing its signature car-buying experience closer to residents […] [Read More]

Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the industry continues to travel along with how else artificial intelligence can boost auto financing. Listen […] [Read More]

Findings from a dealer survey orchestrated by AutoPayPlus showed issues stores are still having in the F&I office. The survey revealed that while many dealership owners recognize the potential value of their F&I product offerings, challenges around consistent presentation, product adoption, and operational execution continue to limit opportunities for growth. AutoPayPlus conducted its online survey […] [Read More]

This week, CarShield finalized the acquisition of its primary contract administrator, American Auto Shield, in a move that transitioned the vehicle-protection company into what it called “a fully integrated end-to-end service provider.” Leadership explained this strategic move centralizes the customer lifecycle, from the initial sale to claims processing and final payment, under one corporate roof. […] [Read More]