National Lenders General Agency has expanded its portfolio of dealership products. This week, the provider of collateral protection insurance (CPI) for independent dealers launched a full suite of retail F&I products designed to enhance profitability, customer satisfaction, and dealership performance. Building on its success with CPI and limited warranty programs, National Lenders now offers a […] [Read More]

RB Global is enhancing its worldwide presence again via IAA. The company announced on Thursday that IAA has launched a new market alliance with CarGo Logistic Azerbaijan. According to a news release, CarGo Logistic Azerbaijan will operate an IAA Auction Center, where its team will provide local services and assistance to buyers seeking to browse, […] [Read More]

An MRI is a valuable medical examination to determine the extent of injuries and other ailments. UVeye is about to bring “MRI for vehicles” via a new offering that can generate 360-degree car photos for appraisals and listings. On Thursday, the provider of artificial intelligence-powered vehicle inspection technology announced the launch of UV360, a new […] [Read More]

Once the industry cleared the Fourth of July, buy-sell activity involving dealerships exploded like fireworks with Haig Partners and Performance Brokerage Services announcing transactions involving 13 stores in three states. Beginning with Haig Partners, the firm served as the exclusive sell-side advisor to Tom Dinsdale Automotive in the sale of its three dealerships to The […] [Read More]

The pool of consumers potentially falling into the subprime credit tier might grow by nearly 6 million individuals based on the trends connected with student loans recently highlighted by TransUnion. New research from TransUnion revealed that the number of consumers delinquent on student loans and at risk for entering default continues to climb less than […] [Read More]

Turo has reached a milestone. Or, rather, the car owners who use it have. The car-sharing marketplace, which bills itself as the world’s largest, said the total amount earned by Canadian car owners sharing their vehicles on the platform since its 2016 launch in Canada has surpassed $300 million. That represents “a significant injection” into […] [Read More]

In an often volatile market, Canadian wholesale used-car prices were remarkably stable — at least for a week. Values for the car segments tracked by Canadian Black Book’s weekly Market Insights report fell just 0.04% for the week ending July 5, but what’s more remarkable is how consistently flat they were. None of the nine […] [Read More]

Used electric vehicles are breaking sales records seemingly every week in both the retail and wholesale sectors. So it’s no surprise that two more fell in the second quarter of 2025. During its Q2 Manheim Used Vehicle Value Index call this week, Cox Automotive noted retail sales of used EVs for the quarter surpassed 100,000 […] [Read More]

ServiceUp, an all-in-one tech platform to help fleets and insurers manage vehicle repairs, has raised $55 million in Series B funding. According to a news release distributed on Wednesday, the round was led by PeakSpan Capital, with participation from existing investors Hearst Ventures, Trestle Partners, Capital Midwest Fund, and Litquidity Ventures. This brings the company’s […] [Read More]

For the second time in less than two months, Vehlo made an acquisition. The provider of integrated software and financial solutions for the automotive repair industry on Wednesday announced its acquisition of Total Customer Connect (TCC), a provider of customer retention and service lane technology for automotive dealerships. In late May, Vehlo acquired Dealer Pay, […] [Read More]