Every dealership sources inventory somewhere, but the channels do not behave the same way. New-vehicle allocation is set by the manufacturer, not the store. Auction supply is broad, but the margin available there has thinned considerably. Trade-ins remain the most familiar channel, yet they represent a smaller share of available inventory today, and competition for […] [Read More]

We start this dealer group news roundup in California, where the LAPIS group has launched a new Porsche store in the Tri-Valley region. LAPIS CEO and dealer principal Todd Blue acquired the Porsche Livermore store in March. “Porsche is a brand that demands a different level of stewardship,” Blue said in a news release. “We […] [Read More]

EverFleet, which offers a leasing platform for commercial fleet owners and drivers, has partnered with DoorDash to provide used electric vehicles to qualified “Dashers.” The pilot begins in the Los Angeles/Inland Empire market, where EverFleet will deploy up to 25 EVs to qualifying DoorDash drivers through EverFleet’s short-term EV leasing models. The two companies will […] [Read More]

The Chicago Automobile Trade Association teamed up with the USO to raise more than $59,000 to support servicemembers and their families through their 13th annual Drive for the Troops campaign in July. Dealerships throughout Chicagoland hosted community events and held fundraisers like cookouts, car shows, bike rides, raffles and online campaigns in support of the […] [Read More]

Another accolade handed out during the recent National Association of Minority Automobile Dealers (NAMAD) Conference went to Wise F&I regional vice president of client success Amy Counts, who was named the 2026 NAMAD Woman of the Year. NAMAD said the award recognizes outstanding female leadership, dedication, and impact within the automotive industry, honoring women who […] [Read More]

First came an F&I update from JM&A Group, which indicated dealership F&I profits remaining ahead of the year-ago pace. Then on Monday came an even more notable update from StoneEagle, which highlighted F&I offices generated their highest first-half averages for F&I gross profit per vehicle retailed (PVR) and monthly F&I income per dealer in the […] [Read More]

Dealerships often provide test drives for potential buyers considering a used vehicle, so vAuto is doing the same thing for its dealer clients. On Friday, the Cox Automotive provider of inventory management and pricing solutions announced availability of vAuto Test Drive for dealers to preview and test emerging product innovations and provide feedback before broad […] [Read More]

This week, STELLA Automotive AI appointed Jennifer Powell as its new vice president of operations, bringing more than two decades of leadership experience in operations, business transformation, program management, and organizational excellence. Powell most recently served as executive vice president of program management and operations with MRM. In her new role, Powell will oversee STELLA’s […] [Read More]

The latest edition of CreditGauge from VantageScore contained multiple metrics executives and managers could see as positives, including delinquency in auto finance. VantageScore reported for its July installment that each of its three segments of auto delinquency remained stable compared to the previous month and year. Here’s the breakdown: 30-59 days past due: 2.33% in […] [Read More]

It’s a bit of a Catch 22. The two used-vehicle segments whose prices increased notably from July — luxury cars and the car segment (i.e. sedans, coupes, wagons, convertibles, etc.) — climbed for an ironic reason. They’re affordable. While used prices of most segments were flat month-over-month in August, car segment prices were up 1.0% […] [Read More]