Impel announced on Wednesday that it has made a strategic investment in Automotive Ventures Mobility Fund II, the early stage auto-tech fund managed by Automotive Ventures. Impel said the investment underscores its role in supporting startup technologies that enhance productivity, improve the customer and employee experience, and accelerate transformation across the automotive retail ecosystem. With […] [Read More]

Uncertainty has become a fixture in today’s auto lending market, fueled by current trade tariffs and other macroeconomic disruptions. Amid these industry shifts, U.S. auto sales  rose nearly 6% as of Q3 2025, according to Reuters, as consumers continue to buy cars at a steady pace. As economic conditions remain unsettled, auto lenders must be […] [Read More]

Fraud is on the rise. In fact, the beginning of 2025 saw a sharp spike in stolen vehicle incidents across all major load boards. This surge exposed critical vulnerabilities in the industry’s ability to detect and prevent fraudulent carrier behavior before it led to financial and reputational damage. In the worst-case scenario, a fraudulent carrier […] [Read More]

While announcing that Cars.com’s Accu-Trade used-car appraisal tool surpassed 1 million quarterly appraisals, CEO Alex Vetter said Accu-Trade and the Cars.com digital wholesale auction platform, DealerClub, are increasing in number of users. That is happening as dealers move to “tech-first products that advance the industry’s long-term goal of improving profitability,” Vetter said in the company’s […] [Read More]

Michele Somich certainly made the most of her time with the National Independent Automobile Dealers Association in the Music City this week. Somich, of The Car Store in Piney Flats, Tenn., received accolades from her dealer peers and won the Best Ideas Contest during the closing session of the NIADA BHPH Dealer Forum at the […] [Read More]

Being in the subprime credit tier not only can make it more difficult to secure auto financing, but it might make it more challenging to have a personal relationship, too. In a new nationwide survey of 1,000 young adults, Credit One Bank asked among other questions, “Would you date someone with bad credit?” According to […] [Read More]

Auto Shield has added longtime industry executive Scott Ashby as its new senior vice president of operations. The F&I provider for Canadian dealerships said Ashby will oversee “operational excellence, dealer relations and the continued evolution of ASC’s client concierge and claims experience” as it continues a period of national expansion and digital modernization. “Scott’s combination […] [Read More]

Carfluent is ready to say bonjour to French-speaking car shoppers. The provider of artificial intelligence-powered Spanish-translated dealership websites has added French to its répertoire, announcing the expansion of its website translation capabilities to include French. In a news release, Carfluent called its new offering “a significant step” in the company’s mission to help dealerships connect […] [Read More]

During Veteran’s Day week, Walser Automotive Group is being recognized for its commitment to military service members, veterans and their families. The Minnesota-based dealership group will become the first automotive retailer in the state to be recognized as a Beyond the Yellow Ribbon company, which denotes employers that actively support the military community. Beyond the […] [Read More]

Three-year-old used vehicles just posted third-quarter prices at heights not seen since 2022 and reached their slowest Q3 turn times in eight years. But one segment is offering some relief amid high prices and sluggish turn times: used EVs. That’s according to an analysis this week from Edmunds, which said average transaction prices for 3-year-old […] [Read More]