Based on their scorecard so far this year, America’s Group announcing an acquisition is par for the course. The budding wholesale giant took another M&A swing Monday with the purchase of Augusta Auto Auction, its fifth acquisition of 2025. The auction, located on five acres in North Augusta, S.C., was founded nearly four decades ago […] [Read More]

When it comes to responding to internet leads, the best got better. Napleton Automotive Group earned the top spot in the 2025 Pied Piper PSI Internet Lead Effectiveness Auto Dealer Group Study, its fourth consecutive No. 1 ranking — and it set a record in the process. Napleton’s average internet lead effectiveness score of 91 […] [Read More]

In recent years, while artificial intelligence has empowered lenders to enhance their businesses, it has also provided fraudsters with sophisticated tools to perpetrate financial fraud. One of the most concerning developments is the use of generative AI techniques, including deepfakes, to create counterfeit documents. Deepfakes, short for “deep learning fakes,” enable fraudsters to convincingly manipulate […] [Read More]

DataScan announced on Monday that Hyundai Capital America has adopted RiskGauge to strengthen risk oversight and improve operational efficiency across its national dealer network. By leveraging RiskGauge’s advanced inventory risk technology and daily collateral monitoring, the provider of inventory risk management solutions for dealer commercial lenders said HCA gains real-time visibility into its floorplan portfolio, […] [Read More]

Equifax reported earlier this year that consumer debt in auto loans and leases has surpassed $1.7 trillion, exceeding credit card and student loan debt. Equifax also said delinquencies have increased by 7% year-over-year, reaching a three-year high. It’s trends like those that are part of the reason why Automotive Ventures invested in Loanbridge, which offers […] [Read More]

EDITOR’S NOTE: This story is part of the May edition of Auto Remarketing, which will focus entirely on a new special feature: Who to Watch. This special feature will recognize auto industry executives and companies — selected by Cherokee Media Group’s senior editors — who are significantly shaping the future of the used-car industry. This […] [Read More]

Electrified vehicles — including the battery-electric, plug-in hybrid electric and hybrid electric segments — made up nearly a quarter of all new-car sales in the U.S. during the first quarter, and their overall sales were up nearly 30% year-over-year. That’s according to the latest quarterly Electrified Vehicle Retail Sales Report from Urban Science. The report […] [Read More]

Almost since it was invented, the car has been a symbol of freedom, allowing its owner to hop in and go where he or she pleases. But according to the latest benchmark study from car-sharing marketplace Turo, that perception might be shifting. Turo said its fourth annual Car Ownership Index shows Canadians’ views on car […] [Read More]

There’s nothing better than that new-car smell – unless it’s the aroma of a freshly-baked pizza. So, what if you could get that tantalizing scent in your car even when you’re not bringing a pizza home? Well, you can do just that thanks to HGreg. In honor of La Pizza Week Canada, which runs through […] [Read More]

In the very near future, your Uber driver might be … the car itself. Uber Technologies has joined in a strategic partnership with autonomous vehicle technology company May Mobility to deploy thousands of AVs on the Uber platform over the next several years. Autonomous Uber rides are scheduled to launch by the end of this […] [Read More]