Buckeye Dealership Consulting reinforced its national sales staff this week, as the provider of reinsurance products for automobile dealers and finance companies announced the hiring of Timothy Gault as a new business development manager. The company highlighted that Gault joins Buckeye with vast experience in financial services, automotive lending and related dealership industries. Prior to […] [Read More]

PassTime and PayNearMe announced this week that they have expanded their integration, resulting in their mutual auto-finance customers now being able to incorporate text payment options for consumers. PassTime and PayNearMe have provided integrated solutions in payment processing and asset tracking since 2020. Building upon that partnership, the company said these enhancements will better serve […] [Read More]

A fact sheet posted on the White House website late Wednesday connected with the administration imposing a 25% tariff on imports of automobiles and certain automobile parts contained this bullet point: a 2024 study on the effects of President Trump’s tariffs in his first term found that they “strengthened the U.S. economy.” But a major […] [Read More]

With a foothold in Romania, Holand Automotive Group is doubling down on that country’s premium automotive market. The Montreal-based dealership group announced it has acquired Aston Martin Bucharest in Romania’s capital city, adding to its holdings in the Eastern European nation. Holand entered the European market with the January acquisition of Romania’s only Ferrari dealership, […] [Read More]

Canadian wholesale vehicle values were as strong as they’ve been all year in the week ending March 22 — with a couple of notable exceptions. Canadian Black Book’s weekly Market Insights report showed seven vehicle segments gaining value, the most of any week in 2025. But the overall market was down 0.17%, an acceleration from […] [Read More]

As the automotive dealership industry has long relied on human intuition and historical sales data to guide inventory management decisions, dealers continue to face a constant balancing act: having the right mix of vehicles to meet customer demand without overstocking models that might sit unsold for months. Traditionally, dealers have relied on experience, gut instincts, […] [Read More]

Former Ford Motor Co. executive David Mondragon has joined the board of Spiffy as an independent director, the automotive technology and mobile service provider said Thursday. Mondragon spent more than 30 years at Ford, including time as Ford Canada president and CEO as well as executive director of U.S. sales and marketing. His appointment to […] [Read More]

Being about a month ahead of schedule often is a good thing, like completing an expensive or long-term project. Evidently, the wholesale market might be that far ahead of schedule, too. Black Book explained the situation in this week’s installment of Market Insights. “The market had another impressive week,” analysts said in the report that […] [Read More]

Rivian believes thinking small has big potential, and is spinning off a company to prove it. The electric vehicle manufacturer announced the creation of Also, Inc., a spinoff of Rivian’s micromobility business that will focus on small, lightweight vehicles designed to “meet the global mobility transportation challenges of today and tomorrow.” Rivian retains a “substantial” […] [Read More]

Flexcar has expanded several times since its launch in 2021, but its latest expansion is not about new markets – it’s about new inventory. The month-to-month flexible car lease company announced its fleet has grown to more than 150 vehicle models its customers can choose from. Flexcar said the milestone reinforces its commitment to “maximizing […] [Read More]