A trio of veteran automotive technology executives — Jason Barrie, Amit Maheshwari and Max Steckler — have teamed up to launch PromptPath, an artificial intelligence-enabled person-to-person conversation platform for the auto industry. The new platform aims to help sales, F&I and BDC teams at dealerships with customer conversations, using AI to provide real-time prompts, customer […] [Read More]

Charlie Obaugh Auto Group has added its first Ford dealership. The Virginia-based, family-owned dealer group has acquired Campus Ford in Waynesboro, Va., from Matt McMurray, according to a news release from Performance Brokerage Services, which was the buy-side advisor on the sale. Campus Ford is the Obaugh group’s sixth franchised dealership and its first Ford […] [Read More]

This week’s 46th annual National Association of Minority Automobile Dealers (NAMAD) Conference wrapped up with Ally Financial announcing the winner of the 2026 Ally Sees Her Award. The honor, presented by Ally and NAMAD annually to recognize significant achievements of women of color within the automotive retail industry and their community impact, went to Kenady […] [Read More]

While aiming its message primarily at consumers, dealerships might be able to glean some value from the reminder issued by the National Insurance Crime Bureau (NICB) about the pitfalls of flood-damaged vehicles. The insurance industry’s association share the message on Thursday as storms and severe flooding continue to impact communities across the United States. Plus, […] [Read More]

Getting consumers into a vehicle they can afford via a subscription is becoming a lucrative endeavor for DriveItAway Holdings. This week, the provider of flexible vehicle subscriptions and mobility solutions that has partnered with Stellantis’ global mobility division announced preliminary unaudited revenue for July represented the highest monthly revenue in its history. Based on the […] [Read More]

One of the notable findings from TransUnion’s Q2 2026 Credit Industry Insights Report (CIIR) was how much loan-to-value ratios have changed in the past five years. Satyan Merchant, one of this year’s Automotive Intelligence Award recipients and senior vice president and automotive and mortgage business leader for TransUnion, recapped what exactly LTVs are, why they’re […] [Read More]

PayNearMe recently shared new research, explaining that hidden costs sustained by auto lenders can show up as failed payments, borrower support calls, late payments, collections follow-up, reconciliation work and manual recovery effort. PayNearMe chief product officer John Minor elaborated about that research in this episode of the Auto Remarketing Podcast, detailing how technology — especially […] [Read More]

As the National Auto Auction Association reported last month through its AuctionNet data, the opening six months of 2026 marked the strongest first half for auction vehicle sales in seven years. There were nearly 3.7 million vehicle sales at AuctionNet-participating auctions, the highest first-half tally since 2019. Drilling down into the most recent results from […] [Read More]

Brian Wieland, who is senior director of used vehicles at Van Horn Auto Group, might have summarized dealerships’ necessary journey from dot matrix printers in the finance office to tools based on artificial intelligence. “AI is no longer something we are testing. It has become part of how we operate every day,” Wieland said in […] [Read More]

Depreciation in Canadian wholesale vehicle values picked up speed last week, but remains slower than pre-COVID declines, according to the latest Market Insights report from Canadian Black Book. Overall, wholesale vehicle values fell 0.19% last week, compared to a 0.16% decline the week before, CBB said. The average for the same week of 2017-2019 was […] [Read More]