Perhaps the tariff turmoil has worked itself out of the wholesale market, at least for now. Black Book said overall wholesale prices dropping by 0.25% last week “marked a significant milestone as depreciation returned to a level typical for this time of year.” Analysts pointed out in the newest installment of Market Insights that the […] [Read More]

Standards for Technology in Automotive Retail has published its first sales lead application programming interface standard for the automotive industry. The IT standards organization said the sales lead API was built to standardize sales lead data within auto retail, facilitating seamless communication between manufacturers, dealers and related service providers. The sales lead API is a […] [Read More]

If you’re driving in New York, Florida, Washington or Georgia, you might want to double-check to make sure your car tag is up to date. CARFAX’s latest research CARFAX’s data showed nearly 17 million vehicles on U.S. roads began 2025 with expired registration tags. It also came with a warning about the potential consequences for […] [Read More]

Work Truck Solutions saw the need for a new executive position, so the commercial vehicle specialist filled the role with a professional whose career includes time with TrueCar. On Tuesday, the company said Alex Young has joined Work Truck Solutions as its first chief product officer to emphasize a continued commitment to innovation in the […] [Read More]

Earlier this year, a joint announcement from three of the largest repossession organizations — Allied Finance Adjusters, American Recovery Association and Eagle Group XX — reiterated their definitions of eight key terms associated with vehicle repossessions and recoveries. Especially considering TransUnion noted the 60-day delinquency rate increased in the first quarter and exceeded the peak […] [Read More]

Sonic Automotive’s latest marketing partnership has put EchoPark on the fast track. Literally. Sonic’s used-car operation has teamed with Speedway Motorsports to put its name on the racetrack formerly known as Atlanta Motor Speedway in a seven-year, multi-million-dollar agreement. The 66-year-old facility in Hampton, Ga., which hosts two NASCAR Cup Series races each year, is […] [Read More]

Perhaps technology regulation isn’t loosening as much as industry leaders and fintechs anticipated when a new president entered the White House in January. The Phoenix Center released a new analysis this week that claimed key federal agencies continue to pursue aggressive regulatory approaches against the American technology sector that echo policies of the previous Biden […] [Read More]

FlexPath DXP landed another integration partnership this week; this time with Agility Credit, a provider of soft-pull credit technology. The creator of the patent-pending VeriQual solution for real-time identity-verified credit prequalification highlighted that this integration makes it easier for dealers to access verified consumer data through VeriQual using Agility’s credit services — delivering faster, safer […] [Read More]

With the used electric market poised to grow in coming years, CarMax — where website searches for EVs have more than doubled since January 2022 — is taking steps now to become the leader in that space. The used-car retailer announced a series of initiatives on Wednesday designed to improve the used EV buying and ownership experience, including measures around EV education, battery health assessment and at-home charging, and tax rebates. Those steps include ... [Read More]

Reynolds and Reynolds Company, Volkswagen Group of America and LaFontaine Automotive Group have come together to create something new, combining kiosk technology with Volkswagen mobile service. Reynolds installed a GoMoto kiosk at Volkswagen’s operations facility in Auburn Hills, Mich., and partnered with LaFontaine’s Volkswagen dealership in nearby Dearborn to provide mobile service via a system […] [Read More]