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]

There’s a new way to revisit that old phrase, “You can take it to the bank.” That’s because dealership finance managers might have been saying those words since Experian highlighted banks reclaimed ground across the automotive finance industry market during the first quarter. According to Experian’s State of the Automotive Finance Market Report: Q1 2025, […] [Read More]

Turn Automotive has unveiled its newest tool in its mission to improve vehicle appraisals. The digital wholesale marketplace announced the launch of TurnVision, a feature in its mobile app that uses artificial intelligence to detect vehicle damage, which it calls “a significant leap forward for automotive appraisals.” The tool was developed in collaboration with AI-powered […] [Read More]

Perhaps the tariff turmoil has worked itself out of the wholesale market, at least for now. Black Book said overall wholesale prices dropping by 0.25% last week “marked a significant milestone as depreciation returned to a level typical for this time of year.” Analysts pointed out in the newest installment of Market Insights that the […] [Read More]

Standards for Technology in Automotive Retail has published its first sales lead application programming interface standard for the automotive industry. The IT standards organization said the sales lead API was built to standardize sales lead data within auto retail, facilitating seamless communication between manufacturers, dealers and related service providers. The sales lead API is a […] [Read More]

If you’re driving in New York, Florida, Washington or Georgia, you might want to double-check to make sure your car tag is up to date. CARFAX’s latest research CARFAX’s data showed nearly 17 million vehicles on U.S. roads began 2025 with expired registration tags. It also came with a warning about the potential consequences for […] [Read More]

Work Truck Solutions saw the need for a new executive position, so the commercial vehicle specialist filled the role with a professional whose career includes time with TrueCar. On Tuesday, the company said Alex Young has joined Work Truck Solutions as its first chief product officer to emphasize a continued commitment to innovation in the […] [Read More]