Hyundai’s nonprofit foundation to battle childhood cancer is backing its hope with money. Hyundai Hope on Wheels, a nonprofit supported by Hyundai Motor America and its 850 U.S. dealers, announced the 2025 recipients of its annual research and programmatic grants, with 106 medical institutions nationwide set to receive donations totaling $27 million to improve outcomes […] [Read More]

It’s that time of year again, and today’s lesson is: Consumer buying trends. During the pandemic, everyone asked, what’s the “new normal” going to be? It’s been five years now — and we know. Post-COVID, consumers have become more conservative. They are more concerned about reliability and the “future cost” of the next car they […] [Read More]

Hiley Automotive Group has added to its portfolio of North Texas dealerships. The Texas-based business has acquired Lakeside Chevrolet in Rockwall, just east of Dallas, from Carol Grady, Michael Grady and Bob Holliman, according to Performance Brokerage Services, which advised on the transaction. The purchase gives Hiley 11 locations in the Dallas-Fort Worth area, along […] [Read More]

Vehicle thefts continued to fall in the first half of 2025, according to the National Insurance Crime Bureau’s analysis of reported thefts. The nonprofit organization dedicated to preventing and combating insurance crime found 334,114 auto thefts in the U.S. for the first six months of the year, down 23% from the same period in 2024. […] [Read More]

Black Book said on Tuesday its estimated used retail days to turn is now at roughly 36 days. Perhaps, as a result, Black Book saw buyers being “more selective” in the lanes last week, as auction conversion rates have eased since Labor Day, but remain above 60%. Overall, Black Book reported in its latest installment […] [Read More]

UVeye’s inspection capabilities have grown. And so have the vehicles it’s inspecting. The provider of artificial intelligence-powered vehicle inspection technology said it has expanded its automated systems to support commercial fleets, including Class 6-8 trucks and buses. The company said its heavy-duty platform is specifically engineered for the trucking and bus sector and compliant with […] [Read More]

On Tuesday, the Authenticom Group of Companies announced the promotion of Jason Tryfon to global CEO in a move that was effective on Sept. 1. In his previous role as president of international operations, the company highlighted Tryfon has been instrumental in driving Authenticom’s global expansion and leading business transformation, revitalizing the company’s operations and […] [Read More]

Fasten on Tuesday launched its Dealer Calculator, a tool that can help partner dealers demonstrate to prospective buyers the long-term value and cost savings of working with their dealership. The provider of driver rewards and customer loyalty solutions for dealerships explained that the Dealer Calculator breaks down the total cost of ownership, including factors such […] [Read More]

Arra Finance announced via social media on Tuesday that it has closed its acquisition of Crescent Bank’s auto-finance division in a move originally revealed in June. When Arra Finance first announced the acquisition, the subprime auto finance company said Crescent will retain its branch and online retail banking platforms, as well as its commercial lending […] [Read More]

Safe-Guard Products International now has more brick-and-mortar resources to house its platform for private label protection products for the automotive, RV, marine, and powersports industries. On Tuesday, Safe-Guard said it has opened an expanded call center in Greenville, S.C. Located at 2 Independence Point, the 30,375-square-foot facility currently houses 130 employees with plans to expand […] [Read More]