As president of the American Recovery Association, I have the privilege of hearing from agents across the country. From those conversations, I am left with great confidence that our industry is more committed to compliance and professionalism than ever. This heightened focus on professional standards uniquely positions us to embody the brands and core values […] [Read More]

AutoCanada’s exit from the U.S. market moved another step forward this week. The Edmonton-based dealership group announced it has closed on the sale of Chevrolet of Palatine and Hyundai of Palatine in Palatine, Ill., for $9.3 million Canadian in cash. The price covered goodwill and fixed assets, excluding inventory and net working capital, AutoCanada said, […] [Read More]

After stating his case for cutting interest rates in July, Federal Reserve governor Christopher Waller was back on the public appearance circuit on Wednesday discussing a process that’s important to every auto-finance company. Payments. Speaking at the Wyoming Blockchain Symposium 2025 in Teton Village, Wyo., Waller told attendees, “It is an exciting time to work […] [Read More]

This week, Advantage GPS unveiled its newest solution built specifically for high-volume buy-here, pay-here and special finance dealers. Designed for both single-location and multi-rooftop operations, the company highlighted Advantage Plus can connect lot management with post-sale vehicle health insights — enabling better control across the full lifecycle of every asset. Advantage GPS said some traditional […] [Read More]

In a move to support lease-here, pay-here dealerships, Dealer Controlled Solutions (DCS) and Car Motivators entered into a strategic partnership aimed at transforming the way dealerships maximize profitability while developing high-performance teams. This collaboration merges DCS’s leasing technology and services with Car Motivators’ award-winning DRIVEC3 coaching framework, empowering dealerships to achieve both financial growth and […] [Read More]

More than two-thirds of Canadians are mistrustful of car dealers, according to a report from online used-vehicle retailer Clutch. The Used Car Buyers’ Confidence Report, conducted by Angus Reid on behalf of Clutch, found 68% of survey respondents said they don’t trust traditional car dealerships to have their best interests in mind, while just 23% […] [Read More]

Used-car prices are at near-record levels. But those high-priced vehicles are still the biggest bargains on the market. Edmunds’ Q2 2025 Used Vehicle Report found the average transaction price of 3-year-old used vehicles in the second quarter rose 5.2% year-over-year to $31,216, just $412 short of the all-time high of $31,628, set in Q2 2022. […] [Read More]

A new startup led by former auto retail executives has launched with the goal of decluttering the private-party vehicle sales and ownership process and making it safer. Secure Private Sales said in a news release Wednesday that it plans to “build smarter, safer, and more transparent experiences across the vehicle ownership journey,” and help solve […] [Read More]

Perhaps when someone at your dealership says, “just send it to the auction,” it potentially doesn’t have such a negative connotation now. Black Book said last week’s auction conversion rate came in at 63%, which was the highest level that analysts have seen since late April when dealers were tackling initial tariff reactions and squeezing […] [Read More]

VinFast’s newly established California dealership network is officially up and running. The Vietnamese electric vehicle manufacturer’s first authorized dealership in the Golden State, VinFast San Diego, held its grand opening event Tuesday. The event, attended by company executives, local media and consumers, included the opportunity to test drive the brand’s two flagship U.S. electric SUVs: […] [Read More]