Your Photo Vendor Didn’t Show Up Again? Let’s Fix That. Stop relying on vendors and start owning your inventory. This...
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Tariff-fueled new-car volatility drives used-car momentum, studies show
Friday, Jun. 6, 2025, 03:59 PM
Toma secures $17 million in funding to build AI agents for dealerships
Friday, Jun. 6, 2025, 12:07 PM
COMMENTARY: How advanced TCO data for EV transitions can grow local dealership business
Friday, Jun. 6, 2025, 11:09 AM
SPONSORED PODCAST: New approaches to present traditional F&I products
James Virgoe, who is senior vice president and managing partner of GWC Warranty at APCO Holdings, acknowledged car buyers nowadays are more skeptical and informed than ever before arriving at the dealership. So, how should F&I managers rethink their approach ... Listen Here
From Lockdown Live Stream to Media Group: The ASOTU Story
It all started with a livestream during COVID lockdowns. It’s now a major auto industry media and events company, with daily podcasts, community activation, events and more. Ahead of their annual ASOTU Con last month, Automotive State of the Union ... Listen Here
How smart dealers & automotive companies now leverage AI
Artificial intelligence is almost as prevalent in automotive nowadays as car row in your community. But how are the smartest dealerships and service providers using AI? A trio of executives tackled that question and more during a panel discussion at ... Listen Here
Retail
Lithia’s sale of joint venture includes deal to bring Pinewood.AI DMS platform to its North American stores
Lithia & Driveway is handing Pinewood Technologies Group the keys to their North American joint venture. The companies announced the U.K.-based software provider has acquired Lithia’s controlling 51% stake in the operation in a $76.5 million transaction with LAD subsidiary ... [Read More]
Dealer news: Donation from NY dealership; NJ group acquires Ford, Stellantis franchises
A New York-area dealership illustrated its commitment to its local community with a contribution aimed at supporting its youth. Rockland Nissan in Blauvelt, N.Y., donated $2,500 to Big Brothers Big Sisters of Rockland County for the organization’s mentorship programs, empowering ... [Read More]
Wholesale
Turn Automotive launches AI-powered vehicle appraisal tool
Turn Automotive has unveiled its newest tool in its mission to improve vehicle appraisals. The digital wholesale marketplace announced the launch of TurnVision, a feature in its mobile app that uses artificial intelligence to detect vehicle damage, which it calls ... [Read More]
Lane watch: Scene getting back to normal as May finishes
Perhaps the tariff turmoil has worked itself out of the wholesale market, at least for now. Black Book said overall wholesale prices dropping by 0.25% last week “marked a significant milestone as depreciation returned to a level typical for this ... [Read More]
Technology
Toma secures $17 million in funding to build AI agents for dealerships
Toma, a provider of AI agents for auto dealerships, announced a $17 million investment from a group that includes Holman Automotive Group and Car Dealership Guy founder Yossi Levi. The investors are led by Andreessen Horowitz, and other participants include ... [Read More]
QoreAI gives dealers free, 15-step guidance for improving artificial-intelligence security
QoreAI CEO Todd Smith interacts with dealerships regularly that either scoff at artificial intelligence or fear it more than a potential buyer walking away from accepting the car deal and delivery at the closing stage. To help dealerships that fall ... [Read More]
Analysis
Tariff-fueled new-car volatility drives used-car momentum, studies show
New-car inventory is falling while prices are elevated and likely to rise more as the tariff era continues. And that’s good news for the used-car sector. Used sales jumped almost 4% in May to their second-highest monthly total in more ... [Read More]
COMMENTARY: How advanced TCO data for EV transitions can grow local dealership business
The automotive dealership model is constantly facing change, especially in the types of vehicles retailers can service. In particular, as the commercial vehicle market shifts toward opportunities for electrification within their vehicle fleets, local dealerships are being called upon to ... [Read More]
