Auto retail technology provider Team Velocity announced a new collaboration with auto logistics platform RunBuggy that seeks to make the online car-buying experience more transparent by embedding real-time shipping and delivery costs directly into the consumer payment process. The integration allows dealerships using Team Velocity’s platforms to offer vehicle delivery through RunBuggy’s transporter network, giving […] [Read More]

The American Financial Services Association started the second half of the year by making it official. Celia Winslow is the trade group’s new president and chief executive officer. Winslow succeeds Bill Himpler, who late last year announced plans to retire. Winslow is not a stranger to the association, having served as its executive vice president, […] [Read More]

With its fraud-fighting consortium already containing more than 650 members, Point Predictive is making inroads into the dealership space, too. On Tuesday, the provider of artificial intelligence solutions for consumer lending announced a strategic partnership with Morgan Auto Group, one of the nation’s largest automotive dealer groups with 77 dealerships across Florida. The collaboration integrates […] [Read More]

SBS announced a new partnership with Alliance Inspection Management (AiM) on Wednesday designed to streamline a sometimes cumbersome part of wholesale financing. SBS and AiM now can offer wholesale finance lenders a comprehensive audit solution that can combine digital and physical capabilities to meet finance companies’ evolving needs. The companies highlighted that the new offering […] [Read More]

Black Book’s wholesale market observers acknowledged the first half of the year wrapped up with them “searching for a new ‘normal.’” That’s the primary finding from the newest installment of Market Insights, which was released on Tuesday. The analysis indicated that wholesale prices softened another 0.46% during the week that concluded two days before the […] [Read More]

We need to prepare for the future of mobility in a multitude of ways to ensure it continues to evolve. That was the message conveyed by speakers at Sustain Southern California’s Driving Mobility 12 conference, held in mid-June at the University of California Irvine. That includes helping transportation startups become viable, training a workforce to support them, and making the industry more sustainable, said the speakers. “We struggle with how to ... [Read More]

CarGurus’ new marketing campaign is a big deal. The digital car-shopping platform has launched “The Big Deal Show” campaign, which it said celebrates “life’s biggest moments behind the wheel and beyond.” The content series recognizes the “big deal” decisions and memories that come with a car purchase, featuring entertainment and sports celebrities sharing their big […] [Read More]

UVeye advanced its plans to grow overseas with the addition of Itay Erel as general manager of its operations in the U.K. and European Union. The provider of artificial intelligence-powered vehicle inspection technology said the hire is part of its efforts to broaden its reach in European markets. UVeye has been operating in Europe since […] [Read More]

And just like that, Sonic Automotive has become the nation’s largest Jaguar Land Rover dealer. The Charlotte, N.C.-based dealership group staked that claim by acquiring four California JLR dealerships — Jaguar Land Rover Los Angeles, Jaguar Land Rover Newport Beach, Jaguar Land Rover San Jose and Land Rover Pasadena — from US Auto Trust, a […] [Read More]

Operating a multi-brand automotive dealership business is complex, spanning sales, service, parts, financing, rental fleets, and more. Each brand within the dealership portfolio brings its own manufacturer requirements, operational risks, and compliance obligations. In such a high-stakes environment, insurance isn’t just a regulatory box to tick. It’s a cornerstone of risk management and financial stability. […] [Read More]