Strategies for combatting auto transport fraud
Double brokering. Impersonation. Phishing schemes. Paperwork faked with artificial intelligence. Fraud is rampant in the auto transport industry these days — and now there are exponentially more ways that cars can be stolen than there were in the past. As a result, companies need to adopt effective strategies that will help them combat fraud before […]
November 04, 2026
Montway Auto Transport named a new CEO on Wednesday. Replacing Tom Gartland in that position is Ahsan Rahim, who was most recently chief operating officer at Wheels, Inc. Gartland, who became CEO in 2023, will continue as executive chairman on the board. “Leading Montway has been incredibly rewarding, and I’m proud of what our team […]
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November 04, 2026
In its usual third-quarter earnings report at the end of last month, AutoNation shared quarterly used-vehicle sales results, showing a small decline in retail units but improved unit gross profit. The group sold 65,410 used-vehicle retail units in Q3 2026, down 5% from 68,960 units during the same period last year. Same-store used vehicle retail […]
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November 04, 2026
Sonic Automotive reported a record quarterly total revenue of $4 billion at the end of October. Contributing to that total was the dealer group’s pre-owned arm, EchoPark, which grew retail unit sales 22% year-over-year to 19,923 units sold in the third quarter. The EchoPark segment brought in $596 million in revenue, up 14% year-over-year, driven […]
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