In recognition of Breast Cancer Awareness Month, Step One Automotive Group is running its annual Drive Out Breast Cancer campaign throughout October. The Florida-based dealer group’s pink Jeep Grand Cherokee will make stops at Step One locations and community events this month, where visitors can add their signature to the Jeep. For each signature collected, […] [Read More]

Even before Hurricane Isaias reached landfall as the first Atlantic hurricane of the year, there were already potentially 48,000 vehicles sustaining flood damage in the U.S. from storms in 2026, according to Carfax estimates. Those vehicles add to a vehicle population that already included more than 500,000 water-damaged vehicles currently on U.S. roads, the company […] [Read More]

Though above recent historical averages, wholesale vehicle price depreciation last week slowed from the prior week, and auction lane activity showed “disciplined bidding behavior,” according to the latest Market Insights report from Black Book. Overall, wholesale prices were down 0.70% last week, compared to a 0.73% drop the week before. During the 2017-2019 period, the […] [Read More]

AWIN Group of Dealerships has hired a former president and CEO of BMW Group Canada as its new chief operating officer. The Vaughan, Ontario-based dealer group said earlier this month it has named Reiner Braun as its COO. Braun was most recently the president and CEO of BMW Group Latin America, following his tenure leading […] [Read More]

Rising fuel costs. Spiking interest rates. Overall economic pressure. These are some of the biggest factors pushing Manheim’s Used Vehicle Value Index down in September as wholesale vehicle depreciation sped up. The Manheim Used Vehicle Value Index fell to 205.9 last month, down 0.6% year-over-year and 1.1% from August. The September results finished out a […] [Read More]

On Sept. 15–16, members of the entire automotive transportation ecosystem gathered at Caribe Royale Orlando for two days of education and connection with a twist: The entire event focused on the needs and challenges of carriers. SuperCon, which was created by Super Dispatch, is designed to answer the questions carriers have that may go unanswered […] [Read More]

When Billy Willis and his family decided to return to Greenville, North Carolina, after nine years in California and six months in Ohio, he had no job waiting for him. For the first time since he was 15, Willis was unemployed. But he and his wife had faith that bringing their three children home was […] [Read More]

It’s hard to open a newspaper or read a tech article today without seeing at least some mention of large language models (LLMs) and their usage in just about any industry. The auto lending sector is no exception, with LLMs and artificial intelligence in general remaining a hot topic for lenders and consumers alike. In […] [Read More]

At the end of Q2 2026, the New York Federal Reserve reported that loan originations hit a record $211 billion, the highest figure in the Fed’s data history. At the same time, lenders continued to extend credit to an increasing number of borrowers with lower credit scores, even as many of them transitioned into serious […] [Read More]

Fuel prices are affecting wholesale vehicle values more dramatically as the year goes on, according to the latest Manheim Used Vehicle Value Index analysis. Although fuel costs have been plaguing consumers most of the year, they became a more visible factor in wholesale market analysis in the third quarter Large pickups and SUVs are not […] [Read More]