SCI MarketView changed its name to taq Automotive Intelligence this week, which it describes as a move related to the ever-evolving automotive sales market and digital sales strategy.  The move reflects the company’s "evolution towards reinventing automotive sales and purchasing."  “From our roots as SCI MarketView, we are driven by the idea to continuously modernize the […] [Read More]

ADESA announced Tuesday it has added OBD2 emissions codes to the condition reports of vehicles inspected at its locations. The auction company has streamlined OBD2 (onboard diagnostic II) scans through a new process, meaning inspections at ADESA vehicle logistics centers will include emissions codes more clearly displayed on condition reports moving forward. OBD2 represents a standardized system […] [Read More]

Being the music aficionado he is, perhaps Cox Automotive chief economist Jonathan Smoke might recommend the 1980s hit song by Matthew Wilder titled “Break My Stride” to summarize the most recent Cox Automotive Dealer Sentiment Index (CADSI). [Read More]

Lithia & Driveway announced two purchases Tuesday, one of which gives the company a presence in one of the largest markets in the Southeast: Atlanta. The retailer said it has acquired Curry Honda in Chamblee, Ga., giving Lithia its first store in the Peach State. Additionally, Lithia bought Orange Coast Chrysler Jeep Dodge Ram in […] [Read More]

One vehicle segment that is potentially an appealing option for consumers looking to solve their transportation needs — especially if they have to do it quickly because of recent storms — is continuing to cost more for dealers to acquire. [Read More]

Experts from AiM Mobile Inspections are seeing history repeat itself. And it could mean even more headaches for independent and buy-here, pay-here dealerships already having trouble finding inventory. AiM Mobile Inspections is spotting flood-damaged vehicles surface because of Hurricane Ida that left a destructive path stretching from the Southeast to the Northeast, beginning on Aug. […] [Read More]

 motormindz — an automotive venture consultancy — has chosen a well-known automotive journalism veteran and SiriusXM host as its new president and corporate development officer. The new hire is Jason Stein, current host of the satellite radio giant's "Cars & Culture with Jason Stein" and former publisher of Automotive News.  According to the company, Stein, who is joining […] [Read More]

Online vehicle sales platform Vroom has chosen a new chief financial officer to oversee financial reporting, accounting, tax, treasury, risk management and financial planning and analysis, as well as leading investor relations for the company. Robert Krakowiak is the company's new CFO, and was formely in the same role at Stoneridge Corp., a designer and manufacturer of electrical […] [Read More]

Dealer group giant AutoCanada has purchased a new collision center in Montreal. Its new addition — Autolux MB Collision — is a luxury-brand certified Mercedes-Benz collision center with over 30 years of experience in its market.  "The addition of this high-quality collision centre is another step towards our goal of filling out our national collision center footprint," said executive chairman Paul […] [Read More]

Two of the nation’s publicly traded dealership groups announced respective acquisitions Monday, including one with a price tag in the hundreds of millions of dollars. Group 1 Automotive has entered a deal to buy Prime Automotive Group’s 30 dealerships and three collision centers in a deal that’s expected to be for $880 million. Meanwhile, LMP […] [Read More]