When it comes to residual values, there’s a new king — two of them, actually. After four consecutive years on top, Honda and Lexus have ceded their crowns to Toyota and Tesla, which were named as best performers in the J.D. Power 2026 U.S. ALG Residual Value Awards. Toyota claimed the mass market title with […] [Read More]

To be frank, it’s a tidy, convenient way for a moderator to wrap up a panel discussion: in the closing 2-3 minutes, give each panelist an opportunity for a parting shot. A key takeaway for the audience, something to watch for in the coming year. It’s also an open-ended way to yield some of the […] [Read More]

A luxury dealership in California is right in the wheelhouse of the Fletcher Jones Automotive Group. So when longtime owner Del Montell put Santa Monica BMW up for sale, Fletcher Jones was all too happy to make the purchase. The Newport Beach, Calif.-based dealership group has acquired the Santa Monica store, according to Haig Partners, […] [Read More]

BizzyCar is going beyond recalls. The recall management platform has launched Service Engine, an artificial intelligence-driven outbound service department system designed to automatically identify service opportunities and book appointments without the intervention of the dealer. In a news release, BizzyCar said the Service Engine can help dealerships fill service lanes, increase customer-pay revenue and operate […] [Read More]

Dealership acquisitions and ownership changes seem to surface multiple times per week nowadays. How those deals come to fruition was the focus of a Used Car Week 2025 panel discussion led by Cherokee Media Group’s Joe Overby. Sharing their insights about dealership M&A and more were four experts —  Gabe Robleto of Kerrigan Advisors, Brian […] [Read More]

Used Car Week 2025 featured a panel focused on the state of auto finance. Led by Jennifer Martin of the NAF Association, Christopher Mitcham of Santander Consumer USA, Mary Leigh Phillips of Bridgecrest Acceptance and Amy Brooks of Chase Auto shared dialogue about affordability and other elements influencing how lenders can navigate the current landscape. […] [Read More]

Mercedes-Benz is bringing its electric vehicle charging infrastructure to Canada. Mercedes-Benz High-Power Charging began that process by opening three Canadian locations, the first of eight high-power charging hubs set to come online in the Vancouver metro area over the next few months. The new hubs in Abbotsford, Pitt Meadows and Tsawwassen feature Mercedes’ four-cable charging […] [Read More]

Two big players in automotive diagnostics are merging to create a new entity that seeks to accelerate innovation in the industry. The deal will combine Repairify’s diagnostics brands asTech and BlueDriver with Opus IVS, the companies said in a news release, bringing together complementary technologies, technical expertise and “a shared commitment to helping repairers confidently […] [Read More]

Meredith Motors, a family-owned and operated independent auto sales and repair center in Ballston Spa, N.Y., has been named Dealer of the Year 2025 by R&C Dealer Services, a recognition the company said underscores its rising reputation for integrity. R&C Dealer Services works with 22 independent dealerships in the Capital District surrounding New York’s state […] [Read More]

“Organized crime has moved in,” Jeremy Louisos said in an interview here at Used Car Week, “in a very serious and big way.” And not necessarily in the same historical sense as the exhibits at The Mob Museum, some 13 miles away in downtown Las Vegas. The vehicle transportation industry is combatting fraudsters that are […] [Read More]