Cox Automotive chief economist Jonathan Smoke said Tuesday that unique credit applications per dealer on Dealertrack increased 6% year-over-year last week, perhaps reflecting some previously mentioned consumer sentiment trends shared by the Conference Board. In his weekly Auto Market Report, Smoke acknowledged “consumers with great credit are seeing the lowest rates in several years.” According […] [Read More]

Two big names in the auto industry are teaming up to launch a new place to shop for cars. Car and Driver, published by Hearst Magazines, has joined with Cox Automotive’s Autotrader to create the Car and Driver Marketplace powered by Autotrader, a shopping platform that connects research and vehicle listings on caranddriver.com. In a […] [Read More]

Cox Automotive said Monday it has closed its acquisition of Bel Air Auto Auction and Tallahassee Auto Auction from BSC America, a purchase announced late last month. While Cox Automotive was perhaps the auto industry’s most acquisitive company in the 2010s, these two locations are Manheim’s first U.S. auction additions in close to 25 years. […] [Read More]

Vendor 20 Group announced two new partnerships to expand its industry influence, boost member visibility and support the group’s mission to unite auto industry vendors through innovation and collaboration. The group has joined with Charisma! Communications for public relations and Maxamy for marketing strategy and execution, the group said in a news release. V20, which […] [Read More]

It’s been a crazy first half of the year with dealers experiencing a wide variety of results. What about you: How is your year looking so far? Are you on track to hit your goals and targets? If not, what’s the plan? More of the same, or have you made some adjustments? Let’s take a […] [Read More]

Listeners of Sonic Automotive’s second-quarter 2025 earnings call learned one thing for certain: The company is happy with how its used-vehicle business, EchoPark, performed in the quarter. Very happy, in fact. “EchoPark is just on fire,” Sonic president Jeff Dyke said in response to an analyst’s question during the Q&A portion of the July 24 […] [Read More]

Earlier this year, Tony Hall and Paul Lips were working to resolve an issue with Oklahoma’s vehicle title policy when their discussion veered off in a different direction. Hall, Carvana’s head of policy, title and registration modernization and chairman of the eSTART Coalition’s advisory board, told Lips, executive director of the National Auto Auction Association, […] [Read More]

Germain Motor Company is off to the races in the home of the Kentucky Derby. The Ohio-based dealership group has acquired Blue Grass Motorsport, a luxury car mega-dealership in Louisville, Ky., from brothers Andy and Mike Vine and their brother-in-law, Jim Haynes, according to Kerrigan Advisors, which represented the sellers in the transaction. The location […] [Read More]

Urban Science has made a new addition to its MarketView sales analysis offering. The automotive consulting and technology firm announced electric vehicle charging station analysis is now available on MarketView to deliver insights into charging infrastructure availability and convenience. In a news release, Urban Science said the new feature allows OEMs and dealers to make […] [Read More]

UVeye keeps adding partners. The latest partnership for the provider of artificial intelligence-powered vehicle inspection systems is with Jaguar Land Rover North America. UVeye will install its automated inspection systems at the British luxury automaker’s three major U.S. seaport facilities, in Brunswick, Ga., Baltimore and Port Hueneme, Calif. The announcement comes less than a week […] [Read More]