Earlier this year, a joint announcement from three of the largest repossession organizations — Allied Finance Adjusters, American Recovery Association and Eagle Group XX — reiterated their definitions of eight key terms associated with vehicle repossessions and recoveries. Especially considering TransUnion noted the 60-day delinquency rate increased in the first quarter and exceeded the peak […] [Read More]

Sonic Automotive’s latest marketing partnership has put EchoPark on the fast track. Literally. Sonic’s used-car operation has teamed with Speedway Motorsports to put its name on the racetrack formerly known as Atlanta Motor Speedway in a seven-year, multi-million-dollar agreement. The 66-year-old facility in Hampton, Ga., which hosts two NASCAR Cup Series races each year, is […] [Read More]

Perhaps technology regulation isn’t loosening as much as industry leaders and fintechs anticipated when a new president entered the White House in January. The Phoenix Center released a new analysis this week that claimed key federal agencies continue to pursue aggressive regulatory approaches against the American technology sector that echo policies of the previous Biden […] [Read More]

FlexPath DXP landed another integration partnership this week; this time with Agility Credit, a provider of soft-pull credit technology. The creator of the patent-pending VeriQual solution for real-time identity-verified credit prequalification highlighted that this integration makes it easier for dealers to access verified consumer data through VeriQual using Agility’s credit services — delivering faster, safer […] [Read More]

With the used electric market poised to grow in coming years, CarMax — where website searches for EVs have more than doubled since January 2022 — is taking steps now to become the leader in that space. The used-car retailer announced a series of initiatives on Wednesday designed to improve the used EV buying and ownership experience, including measures around EV education, battery health assessment and at-home charging, and tax rebates. Those steps include ... [Read More]

Reynolds and Reynolds Company, Volkswagen Group of America and LaFontaine Automotive Group have come together to create something new, combining kiosk technology with Volkswagen mobile service. Reynolds installed a GoMoto kiosk at Volkswagen’s operations facility in Auburn Hills, Mich., and partnered with LaFontaine’s Volkswagen dealership in nearby Dearborn to provide mobile service via a system […] [Read More]

Lithia & Driveway is moving up in the corporate world. The dealership group, which operates some 450 locations in the U.S., Canada and the U.K., announced it ranks 124th on the 2025 Fortune 500 list, up 16 spots from its 2024 ranking. LAD was No. 1 in the list’s Automotive Retail category for the second […] [Read More]

Marchex, a provider of artificial intelligence and conversational intelligence software, has expanded its partnership with FordDirect. The joint venture between Ford Motor Company and its franchise dealers has added Marchex Engage for Sales and Service to its offerings for nearly 3,000 Ford and Lincoln dealers nationwide, joining Marchex Spotlight among the available products and services. […] [Read More]

It all started with a livestream during COVID lockdowns. It’s now a major auto industry media and events company, with podcasts, communities, events and more. Ahead of their annual ASOTU Con event last month, Automotive State of the Union leaders Paul Daly, Kyle Mountsier and Michael Cirillo joined Cherokee Media Group’s Joe Overby for a […] [Read More]

Electric vehicles appear to be losing some juice with consumers, if AAA research is taken at face value. Counter to research projects recently compiled by Experian and J.D. Power, results from AAA’s latest survey released on Tuesday indicated that only 16% of U.S. adults report being “very likely” or “likely” to purchase a fully electric […] [Read More]