The used electric and hybrid vehicle market was already set to benefit from a boost in supply. Now, the recent surge in fuel costs has led to greater demand, higher prices and quicker turn times for these vehicles. And significant increases in sales. Citing the U.S. Energy Information Administration, Cars Commerce said in its April […] [Read More]

Florida and Georgia are neighbors, but for a dealership group based in Middle Georgia, a store in Central Florida felt like a reach. So Jackson Automotive Group, which operates three locations in Macon, Ga., made the decision to sell Jackson Kia in Cocoa, Fla. — its lone dealership outside that home market — to Ocala, […] [Read More]

NBB has added reinforcements to its staff as it gets set to extend its reach beyond dealerships. The automotive M&A advisory firm said it has hired Giorgio Andonian and Cole Strandberg as managing directors of its auto services practice, allowing the company to expand its capabilities into automotive services sub-sectors such as collision repair, auto […] [Read More]

Bojangles, the fast-food fried chicken chain, has launched its first electric vehicle charging station at its location in Savannah, Ga., an addition the company said is “reimagining the future of the roadside stop” with a new kind of experience it calls the “charge-and-dine.” The Savannah location is the first in what Bojangles said is a […] [Read More]

Bankruptcy filings climbed 14% year-over-year in April, and the industry is pointing toward auto financing as part of the cause. According to data provided by Epiq AACER, total bankruptcy filings came in at 56,427. Here’s how analysts broke down that number: —53,367 individual bankruptcy filings, a 13% increase from April 2025 that included 47,121 —18,007 […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. One of the key questions buyers ask dealers about used electric vehicles is this one: what’s the health of the battery? David Giacobbe and […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. This conversation features Cherokee Media Group’s Andrew Friedlander and Zach Klempf of AutoAp. They broke down what is really happening in the recall landscape […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. FlexPath DXP chief executive officer Tarry Shebesta draws on his decades of industry experience to recap why used-car leasing has yet to gain sustained […] [Read More]

Here’s another example of technology making the situation better for dealership operations, especially in connection with processes that can put grit in the gears of financing, delivery and back-office chores. The National Loan Payoff Clearinghouse (NLPC), powered by EPIC, released a new financial impact analysis based on average NLPC participant performance and broader industry benchmarks. […] [Read More]

Thompson & Associates CPAs, an accounting and consulting firm with experience involving automotive dealership operations and dealership fee analyses, made the argument that dealership documentation fees are not “junk fees” as they’ve sometimes been referenced by the Federal Trade Commission and other regulators. And the firm is using the real-estate market to support its reasonings. […] [Read More]