Along with a technology partnership to help dealer groups monitor and process their expenses more effectively, Tekion on Tuesday unveiled four new innovations driven by artificial intelligence as part of its agentic AI suite, built on the Tekion AI platform. Announced during Tekion’s inaugural conference, T1 Pro, Salesperson AI, F&I Manager AI, and Accounts Payable […] [Read More]

Spyne and VinSolutions by Cox Automotive on Tuesday announced an integration designed to support mutual dealer clients by improving connectivity between customer engagement and CRM workflows. Through this integration, dealerships using VinSolutions CRM can connect Vini AI, Spyne’s artificial intelligence-powered sales and service engagement agent, directly into their existing CRM workflow. Rather than managing engagement […] [Read More]

DriveCentric wants dealers to feel confident about using its engagement platform supported by artificial intelligence. Last week, DriveCentric said it achieved ISO/IEC 27001 and ISO/IEC 42001 certifications, reinforcing the company’s commitment to information security, responsible AI governance, compliance, and customer trust. According to a news release, ISO/IEC 27001 is an internationally recognized standard for information […] [Read More]

CarChat24 is celebrating its 19th anniversary, marking almost two decades of helping dealerships turn website visitors into valuable sales opportunities. As part of its milestone, CarChat24 is introducing a new suite of artificial intelligence-powered features designed to complement its chat platform and provide dealerships with even more ways to engage today’s digital shoppers. According to […] [Read More]

Perhaps along with concerts and other summertime giveaways, auction general managers could promote their operations to consignors and dealers nowadays by saying, “Find some stability in the car business by coming to sale day.” Those pitches would be supported by the latest information from Black Book’s Market Insights, which indicated overall wholesale values softened by […] [Read More]

Certified pre-owned sales illustrate what it’s like to be in the car business in 2026. There’s some positive momentum, but softer performance, too, depending on your time comparison. According to data reviewed by Cox Automotive and recapped by Scott Vanner, a manager of economic and industry insights, CPO sales in May decreased by 0.9% year-over-year, […] [Read More]

This week’s gathering of the Federal Open Market Committee (FOMC) is the first one with Kevin Warsh as chair of the Federal Reserve. But experts — and even one of the FOMC members — aren’t expecting any changes to interest rates. Comerica Bank chief U.S. economist Bill Adams predicted on Monday that the Federal Reserve […] [Read More]

Dealerships are turning just about as fast as that pristine cherry you just took as a trade that has a potential buyer already returning your text message. The First Quarter 2026 Blue Sky Report by Kerrigan Advisors highlighted records for the dealership buy/sell market. A 21% jump in deals year-over-year during Q1 came from a […] [Read More]

A little more than a month after transitioning from president and chief executive officer of Asbury Automotive Group to its executive chairman, David Hult now has another leadership opportunity in automotive. OPENLANE on Friday announced the appointment of Hult and Kelly Tuminelli to its board of directors The operator of digital marketplaces for wholesale vehicles […] [Read More]

The advancement of autonomous mobility took a significant move forward on Monday. Element Fleet Management Corp. and Waymo announced a strategic multi-year partnership to support large-scale deployment and operation of autonomous vehicle fleets. According to a news release, this partnership is enabled through Element Mobility. It will provide end-to-end fleet management and operational services to […] [Read More]