Go Auto is definitely on the go. The Edmonton-based dealership group announced it has acquired two dealerships in Richmond, B.C., just two weeks after adding Downtown Kia in Vancouver to its portfolio. With the acquisition of Richmond Subaru and Kia Richmond from Tom Glen of Olympic Auto Group, Go Auto now operates 70 locations in […] [Read More]

Toma, a provider of AI agents for auto dealerships, announced a $17 million investment from a group that includes Holman Automotive Group and Car Dealership Guy founder Yossi Levi. The investors are led by Andreessen Horowitz, and other participants include Y Combinator, Flex Capital, Scale Angels, and Turing.com founders Jonathan Siddharth and Vijay Krishnan. Toma’s […] [Read More]

QoreAI CEO Todd Smith interacts with dealerships regularly that either scoff at artificial intelligence or fear it more than a potential buyer walking away from accepting the car deal and delivery at the closing stage. To help dealerships that fall into both of those categories, Smith recently released The Dealership AI Security Guidebook. He highlighted […] [Read More]

The automotive dealership model is constantly facing change, especially in the types of vehicles retailers can service. In particular, as the commercial vehicle market shifts toward opportunities for electrification within their vehicle fleets, local dealerships are being called upon to do more than sell vehicles. They must become strategic partners in their customers’ sustainability journeys […] [Read More]

A New York-area dealership illustrated its commitment to its local community with a contribution aimed at supporting its youth. Rockland Nissan in Blauvelt, N.Y., donated $2,500 to Big Brothers Big Sisters of Rockland County for the organization’s mentorship programs, empowering young people and providing them with the tools to succeed. “Community support is at the […] [Read More]

The former global chief marketing officer of General Motors is now helping Safe-Guard Products International. This week, the platform provider of private label protection products for the automotive, RV, marine, and powersports industries announced the appointment of Deborah Wahl to its board of directors. Safe-Guard highlighted Wahl brings decades of executive marketing leadership from some […] [Read More]

In a move happening “at a pivotal moment” for the company, F&I Sentinel appointed fintech leader and compliance expert Frank Ewing to its board of directors this week. The provider of tech-enabled solutions for F&I products highlighted that Ewing has more than 15 years of experience working inside and alongside financial institutions. F&I Sentinel said […] [Read More]

It’s about to become really interesting in the used-vehicle market. Between the limited supply of 3- to 5-year-old cars due to the COVID shutdowns from the early 2020s, and the coming tariffs, which will drive up new-vehicle costs and send people looking for deals on used ones, there is a coming wave of consumers looking […] [Read More]

A Midwestern franchised dealer who uses OnlineBKmanager.com shared this anecdote with president Robert Davies ahead of the latest data provided by Epiq AACER, which said total U.S. bankruptcy filings increased another 7% year-over-year in May. “We’re seeing buyers come in just a day or two after filing,” the store sales manager, who has been using […] [Read More]

The Canadian wholesale used-vehicle market’s tariff-fueled rise continued in May — but it might have hit a turning point as the month closed. While Canadian Black Book’s Used Vehicle Retention Index inched upward by 0.1 points for the month to 140.4, a 2% increase over the May 2024 index of 137.6, CBB senior manager and […] [Read More]