Cherokee Media Group is proud to announce the 2026 recipients of the Automotive Intelligence Awards, which spotlight a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industries. These analysts and economists are among the very best at powering the auto industry with […] [Read More]

Beyond wholesale prices — which ticked up 0.13% last week — two other key metrics Black Book tracks for each edition of Market Insights are the auction conversion rate and the estimated used retail days to turn. And both of those trends moved lower a week ago, prompting analysts to declare an “increasingly retail-aligned buying […] [Read More]

One of the most active sellers in last year’s dealership M&A market is back at it in 2026. Asbury Automotive Group has parted with its six Plaza Motors dealerships and a collision center in the St. Louis market, a deal announced by the Presidio Group, which represented Asbury. The sale to MileOne Autogroup included Plaza […] [Read More]

Artificial intelligence and conversational intelligence software provider Marchex has partnered with dealership vehicle lifecycle management software platform Solera for an integration designed to maximize dealership efficiency and revenue potential by reducing or eliminating manual data handling with Solera when using Marchex. “Auto dealers rely on speed, accuracy and data-driven insights to maximize every customer interaction,” Marchex […] [Read More]

Allegedly not handling vehicles correctly with members of the military on active duty landed CarMax in trouble with the Justice Department to the tune of nearly $500,000. On Monday, Justice Department officials announced that they have reached a settlement with CarMax to resolve allegations that the retailer and its finance company violated the Servicemembers Civil […] [Read More]

At least one expert sees private equity in position for “a breakout 2026.” That’s one of the findings shared on Wednesday by Cherry Bekaert, which published its fifth annual year-end Private Equity (PE) Industry Report, detailing the market forces and strategic shifts that propelled private equity’s 2025 M&A deal value to more than $1.2 trillion. […] [Read More]

Upstart Holdings announced last week that it landed a forward-flow commitment from funds managed by Wafra, a New York-based global alternative investment manager focused on strategic partnerships, real estate and real assets. According to a news release, Wafra has agreed to purchase up to $200 million of assets originated through the Upstart auto finance platform. […] [Read More]

StoneEagle data showed dealerships had a lot to be thankful for, especially in November, when it came to the performance of their F&I departments during the fourth quarter. The newest StoneEagleDATA F&I Benchmark Report indicated that in the fourth quarter, F&I offices posted the highest quarterly average F&I profit per vehicle retailed (PVR) of 2025 […] [Read More]

The end of the federal tax credit was no doubt a roadblock to the new electric vehicle market, and to some extent, the used EV segment, as well. But demand for used electric vehicles remains healthy, prices have eased and supply is plentiful. And that could mean opportunities for dealers, according to the Used Electric […] [Read More]

Rick Case Automotive Group was No. 1 in 2025. Twice. The South Florida-based dealership group was recognized as the owner of the world’s top sales volume location for both the Honda and Volkswagen brands, the company said in a news release. Rick Case Honda in Davie, Fla., was honored as Honda’s largest volume dealer for […] [Read More]