Rental car giant Hertz has partnered with UVeye to use its artificial intelligence-powered automated vehicle inspection technology at its airport locations. UVeye said Hertz said the partnership is designed to “upgrade the way it checks vehicles between rentals” by using the drive-through AI system rather than relying entirely on manual inspections. The new system will […] [Read More]

The people have spoken. And what they’ve said to Kelley Blue Book is, “We love Honda.” Honda dominated KBB’s 2025 Consumer Choice Awards, nearly sweeping the non-luxury categories with five wins, including Best Overall Brand. The Japanese automaker was also named the Most Trusted Brand, the Best Value Brand, the Best In-Vehicle Experience Brand and even […] [Read More]

April 15 was Tuesday. As buy-here, pay-here dealerships know, that was the deadline for individuals to file their federal and state tax returns. While the database hosted by the Internal Revenue Service has a bit of a reporting lag, the latest update available through April 4 showed steady year-over-year trends connected with the total amount […] [Read More]

Please excuse comparisons back to the pandemic, but it’s the reference point LegalShield used to explain its latest research findings about consumer finances and bankruptcy. LegalShield reported on Wednesday that bankruptcy inquiries surged in the first quarter to their highest level since early 2020, signaling a potential summer spike of filings. Researchers said the legal […] [Read More]

Edmunds is playing the name game again, with another sports-themed ad campaign focused on a similarly named player. The car-shopping platform has teamed with the World Series champion Los Angeles Dodgers, and more specifically with their postseason star, Tommy Edman, in its latest campaign aimed at sports fans. Edmunds said the partnership was inspired by […] [Read More]

One of Lithia & Driveway’s top executives is moving on — and going back to his roots. Executive vice president and chief operating officer Adam Chamberlain, who joined LAD in 2022 and was promoted to COO last summer, will take over as CEO of Mercedes-Benz USA, effective July 1. Mercedes said Chamberlain will also serve […] [Read More]

iSeeCars is seeing something it hasn’t seen in more than two years: rising used-car prices. The automotive search engine and research website said its latest study showed the average used-vehicle listing price in March was up 1% from March 2024, the first year-over-year increase since October 2022. The study was based on iSeeCars’ analysis of […] [Read More]

Axis Auto Finance has already gone out of business, but dissolving the company is going to take more time. The Mississauga-based direct-to-consumer subprime lender will hold a meeting May 30 to ask shareholders to approve a special resolution to complete a going-private transaction, the next step toward dissolution. In December, Axis closed on the sale […] [Read More]

In a couple of specific cases, it’s been nearly four years since Black Book has seen wholesale prices for certain vehicles rise in price this much in a single week. And dealers and consignors likely don’t need too many guesses to pinpoint why it happened during the week that closed three days before individuals had […] [Read More]

In today’s economy, auto loan delinquencies are rising, leading to an increase in vehicle repossessions. However, many lenders fail to recognize a critical opportunity in the repossession process: recovering funds through the borrower’s existing insurance policy. Without an efficient strategy for filing insurance claims, lenders risk absorbing unnecessary losses on damaged collateral, ultimately impacting the […] [Read More]