A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of Vehicle Management Systems (VMS), appeared on the Live Stage presented by SYCN Auto Logistics during […] [Read More]

While Artemis II is preparing to go to the moon, Curbee is taking another trip to M.A.R.S. The mobile vehicle service platform announced it has launched M.A.R.S. 2, the latest version of its Mobile and Remote Service platform, featuring upgrades such as mobile-friendly recall intelligence, flexibility for fleet businesses and new DMS integrations with CDK, […] [Read More]

Two outspoken members of the Federal Open Market Committee (FOMC) — Stephen Miran and Christopher Waller — wanted their fellow Federal Reserve policymakers to lower the federal funds rate by 25 basis points. But the other 10 members chose to keep the federal funds rate at a range of 3.5% to 3.75% when they announced […] [Read More]

Canadian wholesale used-vehicle values continued falling during the week ending Jan. 24. But the fall was a much gentler one than those of recent weeks. According to Canadian Black Book’s Market Insights report, wholesale prices dropped 0.28%, well below the previous week’s 0.55% and equal to the pre-COVID average for the same week in 2017-2019. […] [Read More]

Here’s a selling point that might help dealers who have potential customers on the fence about buying a used car: Prices are as low now as they might be all year. That’s according to the latest Carfax Used Car Index, which shows a near-universal month-over-month decline in used-car prices this month across the country, with […] [Read More]

Fleet management and mobility platform Dealerware is partnering with myKaarma to give dealership service departments a clear view of the store’s fleet of loaner cars. In a news release, Dealerware said its integration into myKaarma’s service lane technology platform connects systems used by service departments every day, creating interoperability between the dealership’s loaner fleet management […] [Read More]

Montway Auto Transport has promoted chief financial officer Alberto Anguiano to chief operating officer, the third-party logistics brokerage announced. Anguiano will oversee Montway’s daily administrative and operational functions, the company said in a news release, and will be responsible for “driving strategic growth initiatives to advance the company’s position as an industry innovator.” Montway said […] [Read More]

In another of the Used Car Week 2025 panel discussions focused on repossessions and recoveries, AutoSquared.ai co-founder Bahador Rahimi led a conversation that included lenders, forwarders and agents. The group exchanged ideas about how industry firms can smooth the bottlenecks that keep repossessed vehicles from working through systems faster. Now available through this episode of […] [Read More]

In Oregon, a state enthusiastic about running, a local dealership group is going the distance. Bay Area Auto Group has acquired Power Chevrolet GMC and Power Ford in Newport, Ore., from Power Auto Group, according to Pinnacle Mergers & Acquisitions, which advised the seller in the transaction. Bay Area Auto, led by Hardeep Singh, Jay […] [Read More]

One of the country’s largest banks and a luxury OEM’s captive are going to keep working together. Volvo Car Financial Services and Bank of America on Tuesday announced the extension of their long-standing relationship to provide auto loan and lease origination, financing, and servicing for Volvo customers and the automaker’s 280 U.S. retailers. The OEM […] [Read More]