In today’s ultra-competitive landscape of used-car acquisition, dealers have long relied on traditional channels: auctions, trade-ins, and third-party purchasing. However, the industry is undergoing a seismic shift, driven by lasting effects from the low leasing rates of the past three to four years, which are now leaving auction houses lower and forcing dealers to be […] [Read More]

AutoNation employees joined with players from the NFL’s Miami Dolphins in the Dolphins Cancer Challenge, delivering toys and gifts and spreading holiday cheer to patients and families at Sylvester Comprehensive Cancer Center’s alex’s place in Miami. Along with Dolphins tackle Patrick Paul, wide receiver Malik Washington and offensive lineman Daniel Brunskill, and members of the […] [Read More]

For most segments, used-car prices were more expensive at the end of 2025 than they were a year earlier, with a couple categories climbing four digits. But according to analysis around the latest Carfax Used Car Index, prices fell sequentially in five of seven segments last month — with affordability and availability possibly on the […] [Read More]

A year that began slowly in the dealership buy/sell market ended with a flurry of activity. Six M&A transactions involving 15 dealerships in five states were announced in the final two weeks of 2025, part of a busy fourth quarter that George Karolis, president of dealership advisory firm The Presidio Group said is an indicator […] [Read More]

The next-to-last business day of 2025 was a monumental one for CHAMP Titles. The provider of digital solutions to motor vehicle agencies announced that it has raised $55 million in new financing, surpassing all previous rounds and marking the company’s largest raise to date. The round was led by W. R. Berkley Corp., Point72 Ventures, […] [Read More]

Before 2025 closed, Informed.IQ announced a $63 million growth equity investment from Invictus Growth Partners to help fuel its technology designed to reduce fraud in auto lending and other parts of financial services. Informed.IQ said the investment from Invictus arrived at an important time. According to Equifax, consumer non-mortgage write-offs surged 145% in 2024 compared […] [Read More]

Work Truck Solutions is amping up its online marketplace. The company’s Comvoy.com truck and van marketplace has partnered with Harbinger, a manufacturer of medium-duty electric and hybrid vehicles to display and merchandise its EV inventory on the site, beginning with electric step vans and cab chassis vehicles. Comvoy senior business development manager Candy McCollum said […] [Read More]

The first auto-finance number to know less than a week into 2026 might be $1,000. That’s because of the record number of consumers who took delivery of used and new cars during the fourth quarter with monthly payments of $1,000 or more. Edmunds reported on Monday that a record number of used-vehicle buyers in Q4 […] [Read More]

The latest auto-finance data from Edmunds might make the newest tool from FlexPath DXP even more valuable for dealers. FlexPath DXP CEO Tarry Shebesta explained the launch of Personalized Shop-by-Payment (Personalized SBP) answers the two questions car shoppers have at the beginning of their process. What can I afford per month and how much cash […] [Read More]

TrueCar’s stockholders voted late last month to approve the previously announced acquisition of the company by Fair Holdings, an entity led by TrueCar founder and former CEO Scott Painter. The deal is expected to close this month. Once that happens, TrueCar stockholders would receive $2.55 in cash per share. TrueCar will become a privately owned […] [Read More]