For the 12th year, Chicagoland’s new-car dealers saluted the military with a month-long event that raised more than $70,000 for programs to support local service members and their families. The Chicago Automobile Trade Association’s 12th annual Drive for the Troops in partnership with the USO included more than 80 area dealerships hosting community-focused fundraising events […] [Read More]

Sonic Automotive selected NETSOL Technologies to lead what the provider of artificial intelligence-powered solutions and services to sell, finance and lease assets called “a discovery engagement” for the dealer group. According to a news release distributed on Tuesday, the project is focused on defining the “requirements and roadmap” for a next generation omnichannel digital retail […] [Read More]

The latest addition to Carvana’s growing collection of integrated auction-recon center sites is coming to ADESA Dallas. The online used-car retailer announced it is bringing an inspection and reconditioning center to the existing wholesale auction in Hutchins, Texas, a 100-acre site with more than 15,000 parking spaces to support both Carvana’s IRC and ADESA’s ongoing […] [Read More]

Paul Antony’s tone was somber as he addressed analysts and media in AutoCanada’s second quarter 2024 earnings call, telling them the company’s “recent performance has not met our own expectations” in the wake of sinking revenue and a reported $33.1 million net loss for the quarter. A little more than a year later, he was […] [Read More]

A payment calculator seems like it is technology offered and used by everyone today. Plug in a few numbers, and out pops a monthly payment. Simple, right? Unfortunately, this illusion of simplicity is costing auto lenders and dealers significantly. What many don’t realize is that the vast majority of payment calculators on the market are […] [Read More]

Here’s an integration that offers a quartet of benefits for both buy-here, pay-here dealerships and their customers, according to the participating companies. On Tuesday, ABCOA Deal Pack, a leading dealer management software (DMS) for BHPH dealerships, announced a new integration with GWC Warranty, a provider of vehicle protection solutions for more than 30 years. The […] [Read More]

CarMax is shifting gears with its brand. The national used-car retailer has introduced a new tagline — “Wanna Drive?”— moving on from the familiar “The way car buying should be,” which it has used for more than 20 years. In a news release, the company said the new tagline “brings the omnichannel experience to life” […] [Read More]

Automotive was well represented on the 2025 Inc. 5000, which ranks companies according to percentage revenue growth from 2021 to 2024. “Making the Inc. 5000 is always a remarkable achievement but earning a spot this year speaks volumes about a company’s tenacity and clarity of vision,” Inc. editor in chief Mike Hofman said in a […] [Read More]

Zeigler Auto Group’s top service department staff were treated to a unique experience: the chance to race against a NASCAR driver. The dealership group honored the service technicians and service advisors selected for its 2024 President’s Circle with a celebration featuring NASCAR Cup Series racer Carson Hocevar. The event, hosted by Zeigler Auto Group president […] [Read More]

When Jennie Johnley left her job at Missouri Auto Auction in 2018 and decided to be a stay-at-home mom, she thought her ties to the auto auction industry had ended. “I really thought I was leaving it behind,” Johnley said of her seven-year tenure at the auction. But facing the darkest days of her life […] [Read More]