Looking for an indicator of which brand a prospective car buyer is going to purchase? You might start with what’s already in that customer’s garage — even if the customer changes brands. According to the U.S. Automotive Brand Loyalty Mid-Year 2025 Study from LexisNexis Risk Solutions, households with more than one vehicle can directly impact […] [Read More]

Onward and upward. Those two words could summarize analysis by Wolters Kluwer Compliance Solutions for its Q3 Auto Finance Digital Transformation Index. Wolters Kluwer said adoption of digital workflows in auto finance continued to track closely with broader market activity during the third quarter, while digital securitization activity showed strong quarterly growth. Analysts pointed out […] [Read More]

AutoNation reported a relatively strong used-car performance in the third quarter as its focus on optimizing used acquisition showed results. But its inventory holding strategy did expose AutoNation to margin depreciation, AutoNation CEO Mike Manley said during the third quarter earnings call. He expects that to continue in the fourth quarter. “I think we have […] [Read More]

Rick Case Automotive Group has raised its support for a Florida hospital to another level. Rita Case, president and CEO of the South Florida-based dealership group, last week presented a $2 million donation to Cleveland Clinic Weston Hospital in Weston, Fla., to help fund research, education, patient care, programmatic and capital needs. “We have always […] [Read More]

New research released by the American Financial Services Association (AFSA) on Monday highlighted how much vehicle financing fuels the U.S. economy. AFSA and Oxford Economics found that vehicle-finance providers contributed $125.5 billion to U.S. GDP in 2023, equivalent to $17 for every $100 in loans originated. Researchers said the sector supported about 680,000 full-time equivalent […] [Read More]

EBlock is selling its New Orleans and Houston physical auctions to America’s Group, EBlock parent company E Automotive Inc. announced in a news release Monday. America’s Group will acquire the auctions for roughly $11 million in cash, subject to customary purchase price adjustments. The deal is expected to close Thursday, subject to customary terms and […] [Read More]

BizzyCar is getting some awards buzz. The company, which provides AI-powered recall management solutions for dealerships, said Tuesday it won the Auto Dealership Innovation of the Year recognition in the 2025 AutoTech Breakthrough Awards. The program spotlights the most innovative companies and products shaping transportation and the automotive industry. Ryan Maher, a third-generation car dealer, […] [Read More]

RPM, which is a non-asset-based logistics provider focused on finished vehicle and freight transportation, has named a new chief commercial officer. Hired for the role was Walt Piekarski, whose background include senior roles with Nissan, Mercedes-Benz, The AZEK Company, Vantage Mobility International and DelCam Capital. Piekarski will report to RPM North America president John Perkovich. […] [Read More]

You know that moment when a car is “almost ready,” but every check-in shows it’s still waiting on approvals, parts, or updates? Those small setbacks stack up fast. Vehicles that should have sold in a week can linger in recon, and even a single day of delay per unit can cost several hundred dollars in […] [Read More]

American Financial Services Association general counsel Philip Bohi still responded this week to more than 35 questions and provided comments about the Consumer Financial Protection Bureau’s Personal Financial Data Rights (PFDR) reconsideration effort. The association’s responses came after the bureau’s director said in an interview that concerted efforts are in motion to shut down the […] [Read More]