Healey Brothers Automotive Group has set par at $100,000. That’s the amount in donations the New York state-based dealer group is driving towards when it hosts its Fifth Annual Golf Outing on Oct. 2 to support Make-A-Wish Hudson Valley. Should the group’s Driven to Give Foundation meet that goal, it would be enough to grant […] [Read More]

The Q2 2026 Automotive Trends Report from JM&A Group contained profit metrics generated by more than 1,700 dealerships that offer the company’s F&I products. JM&A Group highlighted F&I profit per vehicle retailed is still significantly ahead of numbers generated a year earlier, despite economic challenges endured by dealers and consumers. Then, JM&A Group reminded dealerships […] [Read More]

PCMI reinforced its executive team for the second time this month. On Tuesday, the provider of cloud-based administration software for F&I products and service contract programs announced that Alexander Mandeville has joined the company as vice president of strategic partnerships. According to a news release, Mandeville will lead the continued development of PCMI’s partner ecosystem, […] [Read More]

Fellow Millennials, brace yourselves. There are now TWO younger generations who are driving. The eldest members of Generation Alpha have turned 16, and unlike many of their Gen Z predecessors, they’re ready to hit the open road, according to new research commissioned by CarMax. Among Gen Alpha teens ages 14-16, 80% already have their driver’s […] [Read More]

Coinciding with maintaining profitability since going private in January, TrueCar has landed newest credit union partners, including one that’s considered the second-largest credit union in the U.S. Linking with TrueCar as partners are State Employees’ Credit Union (SECU), which has more than $60 billion in assets, and Affinity Federal Credit Union, which has $4.35 billion […] [Read More]

The California New Car Dealers Association Foundation has partnered with ASE Connects to help dealerships in the Golden State cultivate relationships with schools and students that are building the foundation of the automotive technician workforce. ASE Connects, part of the National Institute for Automotive Service Excellence, is a network of shops, dealerships, instructors and students […] [Read More]

Lithia & Driveway has hired the former president and CEO of Toyota Financial Services, Scott Cooke, as an operations president. In a news release Tuesday, Lithia said Cooke will head up performance across the Southeastern and South Central store operations, Driveway Finance Corp. and F&I operations. “Scott is a perfect cultural fit and proven leader […] [Read More]

As the average U.S. FICO score has held steady, the auto-finance portion of the fall edition of the FICO Score Credit Insights report released on Tuesday revealed a slightly different situation. Analysts indicated the average FICO core for newly issued auto finance loans slipped to 716 in April from 723 in April of last year. […] [Read More]

As total Canadian consumer debt approached $2.7 trillion after the second quarter, Equifax Canada indicated on Monday consumers remain cautious about making vehicle purchases. However, Equifax Canada’s Q2 2026 Market Pulse Quarterly Consumer Credit Trends and Insights showed the automotive sector regained some seasonal momentum. Analysts determined outstanding auto loan balances — representing loans from […] [Read More]

“Vaughan” has added a “Vaughn” to the family. Boerne, Texas-based Vaughan Automotive, led by Shawn Vaughan, has acquired Tommie Vaughn Ford in the Houston area. (To recap: Same state, but slightly different spellings of similar last names.) The deal was announced by Kerrigan Advisors, who advised the Janke family, which was the seller in the […] [Read More]