Along with its political action committee raising more than $100,000 during the event, the National Independent Automobile Dealers Association had nearly 150 dealers and industry members go to Capitol Hill on Tuesday during the NIADA Policy Conference to meet with lawmakers to discuss issues facing the used-vehicle industry. Dealers and industry members talked with Republican […] [Read More]

In the grand finale of our podcast episodes from Canada’s Used Car Week in June, conference chair and Cherokee Media Group president Bill Zadeits is joined by Brad Hart and Peter Snoyer on a panel celebrating the 20th anniversary of the conference and reflecting on the past two decades in the Canadian used-car industry. They […] [Read More]

The Federal Reserve “is in a pickle.” That’s the summation from Comerica Bank after the Federal Open Market Committee cut the federal funds target rate a quarter percent to a range of 4.00% to 4.25% on Wednesday. The move by policymakers came in the same month that rates for auto financing are on the rise. […] [Read More]

Hyundai’s nonprofit foundation to battle childhood cancer is backing its hope with money. Hyundai Hope on Wheels, a nonprofit supported by Hyundai Motor America and its 850 U.S. dealers, announced the 2025 recipients of its annual research and programmatic grants, with 106 medical institutions nationwide set to receive donations totaling $27 million to improve outcomes […] [Read More]

It’s that time of year again, and today’s lesson is: Consumer buying trends. During the pandemic, everyone asked, what’s the “new normal” going to be? It’s been five years now — and we know. Post-COVID, consumers have become more conservative. They are more concerned about reliability and the “future cost” of the next car they […] [Read More]

Hiley Automotive Group has added to its portfolio of North Texas dealerships. The Texas-based business has acquired Lakeside Chevrolet in Rockwall, just east of Dallas, from Carol Grady, Michael Grady and Bob Holliman, according to Performance Brokerage Services, which advised on the transaction. The purchase gives Hiley 11 locations in the Dallas-Fort Worth area, along […] [Read More]

Vehicle thefts continued to fall in the first half of 2025, according to the National Insurance Crime Bureau’s analysis of reported thefts. The nonprofit organization dedicated to preventing and combating insurance crime found 334,114 auto thefts in the U.S. for the first six months of the year, down 23% from the same period in 2024. […] [Read More]

Black Book said on Tuesday its estimated used retail days to turn is now at roughly 36 days. Perhaps, as a result, Black Book saw buyers being “more selective” in the lanes last week, as auction conversion rates have eased since Labor Day, but remain above 60%. Overall, Black Book reported in its latest installment […] [Read More]

UVeye’s inspection capabilities have grown. And so have the vehicles it’s inspecting. The provider of artificial intelligence-powered vehicle inspection technology said it has expanded its automated systems to support commercial fleets, including Class 6-8 trucks and buses. The company said its heavy-duty platform is specifically engineered for the trucking and bus sector and compliant with […] [Read More]

On Tuesday, the Authenticom Group of Companies announced the promotion of Jason Tryfon to global CEO in a move that was effective on Sept. 1. In his previous role as president of international operations, the company highlighted Tryfon has been instrumental in driving Authenticom’s global expansion and leading business transformation, revitalizing the company’s operations and […] [Read More]