Car dealers and car buyers both share a strong interest in the future of the auto retail business. But according to the latest research from automotive consulting and technology firm Urban Science and The Harris Poll, they have widely differing ideas about what that future will look like. For example [Read More]

For years, the service lane has been relegated to the back of the dealership. The sales department was often regarded as the glamorous department, characterized by quick deals, high commissions, and flashy, low-mileage vehicles. But given the economic climate of tariffs on new cars, supply chain disruptions over the years [Read More]

Let the cybersecurity war games begin. Two companies involved in battling online attacks — automotive cybersecurity software and services provider VicOne, and cybersecurity engineering firm Block Harbor — announced they have created the Global Vehicle Cybersecurity Competition. During the event, set for Aug. 22-25 and Aug. 29-Sept. 1, participants will compete head-to-head in a Capture […] [Read More]

DriveItAway Holdings has joined forces with Free2move, the global mobility brand of Stellantis, to launch Free2move Powered by DriveItAway, a national initiative that aims to “transform dealerships into next-generation mobility hubs.” In a news release, DriveItAway said the integration of its flexible lease-to-own subscription platform into Free2move’s modular software-as-a-service marketplace is designed to deliver a […] [Read More]

For dealerships and finance companies looking for an interest rate cut next week, Christopher Waller of the Federal Reserve is arguing vehemently on your behalf. During an appearance last week at New York University, the Fed governor recapped the position he’s made as part of the Federal Open Market Committee to cut the federal funds […] [Read More]

Big Time Advertising founder and CEO Terry MacCauley acknowledged running a dealership isn’t easy nowadays. Shared earlier this year but still relevant as we get to the dog days of summer, MacCauley highlighted five ways to cut costs and boost dealer profits for the remainder of 2025. “Profitability, strained by high interest rates and rising […] [Read More]

America’s Auto Auction has spent the past several years investing in the business by acquiring auctions nationwide and, most recently, expanding its specialty sales segment. Its latest investment announcement is about something more personal — its people. The company has launched America’s Leadership Journey, a 12-week leadership development program designed to cultivate confident, capable and […] [Read More]

AutoCanada is turning to the gurus for help with digital marketing and business intelligence strategy. The Edmonton-based dealership group announced it has selected CarGurus as its preferred partner in Canada, a long-term relationship that will give AutoCanada access to CarGurus’ listings marketplace, digital marketing and retail technology and services, and market intelligence powered by proprietary […] [Read More]

The certified pre-owned market closed the first half of the year up roughly 2% from 2024, but the final month of the first half was a tough one — though that was expected. Citing its analysis of Motor Intelligence data, Cox Automotive said there were 200,950 CPO sales in June, which is down 3.7% year-over-year […] [Read More]

Except for sales spikes when some operations host concerts and other special activities, the auction scene sometimes sags during this juncture of the summer. But that’s not the case this year, according to Black Book’s newest installment of Market Insights, which indicated that wholesale values dropped by 0.48% last week. “We are now in mid-July, […] [Read More]