Key Auto Group is now in on the FFUN. The FFUN Group announced it has acquired Key Auto Group, a deal that adds four auto dealerships and a collision center to the Saskatoon-based dealership group. The deal includes three stores in Yorkton, Saskatchewan — Key Chevrolet Cadillac Buick GMC, Key Yorkton and Yorkton Toyota — […] [Read More]

Canadian dealers, franchised and independent, are facing a volatile supply environment and compressed profit margins across multiple fronts.  And more than ever, add-ons and F&I offerings are integral to dealership bottom lines. When done well, the business office often drives repeat sales while building trust and reinforcing its individual brands as a dealer. Jake Stacey, […] [Read More]

Perhaps some individuals already in your subprime auto finance portfolio are getting a “wake-up call” this week courtesy of consumer advocates who are orchestrating a financial education program. Debt Awareness Week began on Monday with officials at Debt.com, a resource for personal finance education, offering expert advice on debt relief, credit counseling, budgeting, and financial […] [Read More]

Henry Ford said, “Thinking is the hardest work there is, which is probably the reason so few engage in it.” The modern automotive dealership moves at a relentless pace. Every day is a race against the clock with a frustrated service customer demanding help, a sales manager asking for support on the current complex deal, […] [Read More]

Penske Automotive persevered through a challenging fourth quarter of 2025, and the company’s used-vehicle business was no exception. “Used-vehicle sales continue to be constrained by fewer lease returns and affordability,” said Rich Shearing, North American operations officer for Penske Automotive Group. Shearing made that comment during Penske’s fourth quarter 2025 earnings call last week. He […] [Read More]

Asbury Automotive Group’s Park Place Dealerships has some groundbreaking news. The company announced it has broken ground on a new facility in Dallas that will include a Porsche dealership and a Volvo service facility. The 15-acre site, which Park Place purchased in December 2024, will be the new home of Park Place Porsche, which currently […] [Read More]

Kevin Roberts, who is director of economic and market intelligence at CarGurus, is back on the Auto Remarketing Podcast to talk about the hot start to 2026 for the retail used-car market. Roberts and Cherokee Media Group senior editor Joe Overby discuss why last month was the strongest January for used-car demand in five years, […] [Read More]

Expanding its client portfolio among some of the largest institutions in the space, Credit Union Leasing of America (CULA) recently announced a partnership with Pennsylvania State Employees Credit Union (PSECU), one of the largest credit unions in Pennsylvania, to offer vehicle leasing to PSECU’s more than 545,000 members. Through CULA, PSECU members in Pennsylvania will […] [Read More]

Blockchain for Good Alliance (BGA), a global non-profit initiative founded by Bybit dedicated to leveraging blockchain for societal impact, announced the release of its inaugural flagship impact report. Titled, The State of Blockchain for Good: A View from the Alliance, the resource is designed to offer one of the most comprehensive and grounded assessments to […] [Read More]

Integrated Financial Technologies (IFT) recently hired a seasoned industry executive who has served in multiple roles at banks and other service firms. The provider of outsourced portfolio management and business processing services named Eddy Barwick as senior vice president to lead the company’s efforts to diversify its offerings and strengthen its market position. Barwick will […] [Read More]