Spyne is already thinking about 2027 when it comes to artificial intelligence used at dealerships. According to Spyne’s latest Auto Retail Intelligence Quarterly report, experts projected a “pivotal shift” in AI use next year, saying “those that embed AI within connected systems linking customers, vehicles, and deals will outpace dealerships relying on isolated AI tools. […] [Read More]

Nine months after launching in October, Lokam.ai said it is growing 45% month-over-month with zero customer churn. And charged with sustaining that momentum is industry veteran Jason Kozak, who was hired on Thursday as sales director for the voice-first artificial intelligence platform designed help car dealerships with sales and service follow-up. The momentum also follows […] [Read More]

David Andrews not only is chairman and CEO of Dealers Auto Auction Group, which currently has 10 auctions located primarily in the Southeast, he’s also the CEO of City Auto Sales, which has two used-car retail locations in Tennessee. Andrews says in an online video about his retail operation, “We started City Auto in 1986, […] [Read More]

The average VantageScore 4.0 credit score ticked up in June, reversing the modest dip observed late last year and returning to its highest level in the past 12 months. But analysts are also seeing the number consumers sliding into the near-prime and subprime credit tiers edging higher, too, according to the latest edition of CreditGauge […] [Read More]

Artificial intelligence brought Launcher and Zest AI together this week. Their new partnership enables lenders using Launcher’s appTRAKER Loan Origination System to incorporate and automate decisioning based on Zest’s AI’s credit and fraud risk models in their existing underwriting workflow. Launcher and Zest AI highlighted the collaboration reflects a shared commitment to helping lenders modernize […] [Read More]

Next up in Auto Remarketing’s series examining the used-car results of the publicly traded dealer groups is Group 1 Automotive, which reported quarterly results Thursday, along with a major purchase in the Atlanta market. Looking at its pre-owned results, Group 1 sold 53,469 used retail units during the second quarter, down 11.2% from Q2 2025. […] [Read More]

Group 1 Automotive sees its success in Houston and Boston being possible in Atlanta because of its “cluster strategy.” The dealer group can use that approach with a footprint of 15 stores in the Georgia metropolis, as Group 1 announced on Thursday that it has signed a definitive agreement to acquire the dealership assets and […] [Read More]

For auto dealerships, heritage runs deep. Approximately 80% of the 18,000 new-car dealerships across the U.S. are family-run businesses, according to the National Automobile Dealers Association (NADA). And despite recent industry consolidation, many are second-, third- and even fourth-generation businesses. As with most family-run operations, a dealership’s name comes to mean something more than a sign on the building. It represents the family’s legacy and commitment […] [Read More]

Now that its annual convention has been held, the National Independent Automobile Dealers Association is turning its attention to the organization’s next events that are intended to give attendees experiences that can only be had while on location. And those locations include Capitol Hill and successful buy-here, pay-here dealerships in Texas. First up is the […] [Read More]

The decline in wholesale vehicle prices in Canada moderated last week, though it remains steeper than pre-COVID levels for the same period, according to the latest Market Insights report from Canadian Black Book. Overall wholesale prices fell 0.32% for the week ending July 25, CBB said, compared to a 0.42% drop the week before. The […] [Read More]