Endurance on Tuesday announced the launch of its social impact initiative, Endurance Cares, with two donations totaling $20,000. The provider of auto protection plans in the U.S. said these contributions are part of Endurance Cares’ mission to foster community growth and opportunity through impactful giving. Endurance highlighted the ASE Education Foundation received $10,000 to support […] [Read More]

The Dealertrack Credit Availability Index in October posted the largest month-over-month increase in auto credit access since March 2022. Cox Automotive reported this week that the index reading came in at 94.5 in October, up 2.2% from the September reading and a second consecutive month of easing after tightening through the summer. While the sequential […] [Read More]

Holman is doubling down on WEX. WEX, a global commerce platform designed to simplify the business of running a business, announced it has extended its agreement with Holman, one of North America’s largest integrated automotive service companies, through 2030. The deal continues a partnership of more than 30 years between the companies in the U.S., […] [Read More]

Good news for dealers and consumers, alike: there are now more certified pre-owned vehicles available and they are also less expensive. Not quite as good news: these CPO vehicles are older than usual, though their mileages haven’t increased dramatically. That’s according to the latest Intelligence Report from CarGurus, which included a special spotlight on the certified vehicle market this month ... [Read More]

Thomas and Ashley Peden are building a dealership group. The brother-sister partnership have acquired three stores on the Ohio-West Virginia state line from Richard Nourse of the Nourse Family of Dealerships, according to the Tim Lamb Group, which worked with the seller in the transaction. The dealerships — Pioneer Chevrolet and Family Ford Lincoln in […] [Read More]

Charisma! Communications, a public relations firm focused on automotive technology, has created a new division to produce comprehensive research reports. The company said CC Insights!, led by an independent group of industry analysts, will focus on “deep-dive” reports on industry trends such as connected cars, manufacturer certified programs and the evolving electric vehicle landscape. The […] [Read More]

There’s a unique auction happening now in Texas generating thousands of dollars in bids. And it’s not for classic muscle cars or a trio of cherries that you know you can retail quickly and for hefty gross profits. Rather, My Plates — the official vendor for specialty license plates in Texas — is auctioning a […] [Read More]

Now that the presidential election is over, we can turn our attention to how a second Trump administration could impact consumer financial services. President Trump’s first term focused on deregulation and reducing the regulatory burdens on businesses, and we expect that this will again be an emphasis in his second term. It is a certainty […] [Read More]

Clay Cooley Auto Group is now a big name in Arlington, Texas. The North Texas dealership group announced it has acquired Don Davis Ford and Don Davis Chrysler Jeep Dodge Ram in Arlington. Along with its previous addition of Don Davis Nissan, Clay Cooley now operates four dealerships in the city of about 400,000 between […] [Read More]

For the most part, it was a week of price declines across the board in the Canadian wholesale vehicle market, with one segment bucking the trend. The overall drop in prices wasn’t quite as steep as the prior week’s, at least from an overall market perspective. That’s according to the latest Market Insights report from […] [Read More]