The automotive industry got some welcome news in the second quarter of 2026. New-vehicle sales rebounded 14% after a sluggish start to the year.  Inventory tightened modestly, and several new model launches helped bring shoppers back into the market. Good news, certainly.  But it doesn’t tell the whole story. Nearly half of all new vehicle […] [Read More]

Used electric vehicle sales climbed more than 10% year-over-year in July and supply is becoming more plentiful, according to the EV Market Monitor Report released Monday by Cox Automotive. There were 36,810 used EV sales last month, Cox said in the report, beating year-ago figures by 10.1% and surpassing June by 7.9%. While Tesla continues […] [Read More]

Criminals don’t rely on fake pay stubs or forged signatures when they walk into your dealership anymore.  They’re using synthetic identities. They’re generating STIPS with AI. They’re recruiting straw buyers, creating fake employers, and stacking loans.  Modern day fraudsters are sophisticated, organized, and harder to spot. The fraud you thought you knew is gone. So […] [Read More]

What is omnichannel and why is it essential for you? Omnichannel is how the whole dealership communicates with its customers. It’s about creating a consistent customer experience across all parts of the dealership, from sales to service, to phone calls and in-person interactions. It becomes the lifeline to encourage your consumers to continue engaging (and […] [Read More]

Ford had the most used-vehicle sales of any brand from July 10-Aug. 9 and its F-150 was the top-selling used vehicle in the industry. The Blue Oval also swept the top three spots of best-selling 7- to 11-year-old vehicles and best-selling vehicles 12 years and older. But among late-model vehicles, there was a different king […] [Read More]

When making travel or dinner plans with a group, a “smaller, less complex” itinerary may help to avoid hiccups. Perhaps the same goes for finding reliable vehicles, too. Carfax said Monday it has developed rankings of the most reliable vehicle types based on billions of records throughout the U.S., millions of vehicles and nearly 200,000 […] [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]

Like NASA’s Artemis II mission in April, retail used-car prices rocketed into orbit this spring. And slowly but surely, “they’ve come back to down to earth.” Just not at astronomical speeds, says CARFAX, known for its history reports on more earthly vessels. The CARFAX Used Car Index in July is up 0.1% from June, an […] [Read More]

Record new-car prices, says Catalyst IQ, have led to greater consumer emphasis on “affordability, fuel-efficiency and value.” And that includes stronger demand for used cars, which hit their quickest turn times in nearly three years, the automotive analytics and marketing company said in its Q2 2026 State of the Industry Report. Offering some overall commentary […] [Read More]

The latest data on electric vehicles may come as a shock. Against conventional used-car wisdom, prices for pre-owned EVs are appreciating, thanks in part to a spark in demand, which is now close to par with supply, according to Recurrent. “Used cars don’t normally appreciate in value,” Recurrent head of growth & research Andrew Garberson […] [Read More]