When it comes to practical applications of artificial intelligence for car dealers, it’s a marathon, not a sprint. Or a “crawl, walk, run” approach, says QuoreAI founder and CEO Todd Smith. “There’s no (case where you) plug in AI and it’s magic,” Smith said in an interview on the sidelines of the J.D. Power Auto […] [Read More]

A $1,200 brake job or a $3,000 transmission repair could push a cash-strapped consumer already struggling to maintain their monthly car payment into some dire financial straits. So, Klarna, a global digital bank and flexible payments provider, is partnering with Tekion to bring additional payment options to dealership service departments across the U.S. Tekion Pay, […] [Read More]

As contract terms keep stretching throughout auto financing, Experian is seeing a gradual increase in the subprime segment, too. According to Experian’s State of the Automotive Finance Market Report: Q1 2026 released on Thursday, subprime consumers made up 15.75% of total vehicle financing booked during the first quarter. That level represented an increase from 14.40% […] [Read More]

Carfax Canada has taken another step to help Canadian independent dealers in the battle against VIN cloning. The provider of vehicle history reports and valuation information announced it has expanded its collaboration with the Used Car Dealers Association of Ontario to integrate its VIN Fraud Check tool directly into UCDA’s dealer member portal. “Dealers are […] [Read More]

One of the world’s top Honda operations is going mobile — for service customers. Paragon Honda, Paragon Acura and White Plains Honda, all led by Brian Benstock, have partnered with mobile service platform Curbee to deliver select dealership-certified mobile vehicle maintenance and repair services on demand to customers in their driveways. The three New York […] [Read More]

The Canadian auto industry, be it retail, remarketing or finance, is full of young leaders who have achieved massive success at an early age. Cherokee Media Group is excited to honor many of those individuals in this year’s Remarketing’s Under 40 program. The 2026 honorees will be recognized in the upcoming edition of Auto Remarketing […] [Read More]

There is likely to be about 26% year-over-year growth in lease returns this year, according to Edmunds. That’s nearly 500,000 more used cars hitting the market compared to last year And that uptick is expected to continue in 2027, with off-lease numbers expected to climb another 400,000 units from 2026. “This is where the increases […] [Read More]

Dealerships have upped the ante when it comes to advertising used vehicles. According to Fullpath’s April 2026 Auto Intelligence Index, new-vehicle inventory advertising is still the largest share of dealership ad spending, but investment in used and certified pre-owned vehicles took a giant leap forward last month. The data, derived from Fullpath’s customer data platform […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. Scott Lear, who is president of Dealer Benefit, took attendees into the world of batteries for used electric vehicles and how F&I products such […] [Read More]

There are warning signs ahead for the used commercial vehicle market. The latest data from Work Truck Solutions shows a “significant tightening” in new‑vehicle availability during the first quarter of 2026, leading to indications of “friction” coming to the used market. The company’s Q1 2026 Commercial Vehicle Market Analysis report found the average final price for […] [Read More]