In the wake of gaining full ownership of Alliance Inspection Management this month, Cox Automotive is moving to up its inspection game. Cox’s Manheim Auctions has announced the formation of two new teams designed to “deliver a seamless, unified experience” for dealers and commercial clients across all channels. The Manheim Mobile Inspections team — which […] [Read More]

Cox Automotive is bringing its fleet businesses together. The industry giant announced it is merging its Fleet Services and FleetNet America brands into one fleet organization, effective Jan. 1, a “strategic alignment” Cox called a major step forward in its long-term commitment to the fleet industry. “Cox Enterprises has a 127-year legacy of innovation, transforming […] [Read More]

Car Pros Automotive Group made back to school a lot better for kids in Southern California and Western Washington. The dealership group’s charitable arm, Car Pros Cares, last month held its second annual Back-to-School Supply Drive, collecting and distributing school supplies to students. Donation boxes at Car Pros’ nine dealerships collected 12,142 items for local […] [Read More]

The FICO Score Credit Insights report — a new analysis offering a detailed look at how consumer credit behaviors are evolving across the United States — contained some notable trends about auto financing, especially associated with the consumers already in your portfolio. Analysts indicated the average FICO Score for newly issued auto finance loans has […] [Read More]

Along with its political action committee raising more than $100,000 during the event, the National Independent Automobile Dealers Association had nearly 150 dealers and industry members go to Capitol Hill on Tuesday during the NIADA Policy Conference to meet with lawmakers to discuss issues facing the used-vehicle industry. Dealers and industry members talked with Republican […] [Read More]

In the grand finale of our podcast episodes from Canada’s Used Car Week in June, conference chair and Cherokee Media Group president Bill Zadeits is joined by Brad Hart and Peter Snoyer on a panel celebrating the 20th anniversary of the conference and reflecting on the past two decades in the Canadian used-car industry. They […] [Read More]

The Federal Reserve “is in a pickle.” That’s the summation from Comerica Bank after the Federal Open Market Committee cut the federal funds target rate a quarter percent to a range of 4.00% to 4.25% on Wednesday. The move by policymakers came in the same month that rates for auto financing are on the rise. […] [Read More]

Hyundai’s nonprofit foundation to battle childhood cancer is backing its hope with money. Hyundai Hope on Wheels, a nonprofit supported by Hyundai Motor America and its 850 U.S. dealers, announced the 2025 recipients of its annual research and programmatic grants, with 106 medical institutions nationwide set to receive donations totaling $27 million to improve outcomes […] [Read More]

It’s that time of year again, and today’s lesson is: Consumer buying trends. During the pandemic, everyone asked, what’s the “new normal” going to be? It’s been five years now — and we know. Post-COVID, consumers have become more conservative. They are more concerned about reliability and the “future cost” of the next car they […] [Read More]

Hiley Automotive Group has added to its portfolio of North Texas dealerships. The Texas-based business has acquired Lakeside Chevrolet in Rockwall, just east of Dallas, from Carol Grady, Michael Grady and Bob Holliman, according to Performance Brokerage Services, which advised on the transaction. The purchase gives Hiley 11 locations in the Dallas-Fort Worth area, along […] [Read More]