Cars Commerce has strengthened its position in the wholesale automotive space this week with the acquisition of DealerClub, a reputation-based dealer-to-dealer digital wholesale auction. The purchase, which closed Thursday according to a news release, included approximately $25 million in cash and has a potential for additional performance-based consideration of up to $88 million. DealerClub was […] [Read More]

It has been quite an odd and unprecedented week for the auto industry and its largest annual event. Amid the historic snowstorm that hit New Orleans on Tuesday and hampered travel into the city for NADA Show 2025, the president and CEO of the National Automobile Dealers Association released a statement Thursday morning, providing an […] [Read More]

Artificial intelligence technology provider Impel is joining with FordDirect in a strategic partnership to bring Impel’s conversational AI products to Ford dealers and Lincoln retailers nationwide. FordDirect is a joint venture between Ford Motor Company and its franchise dealers that serves as the data hub connecting them. Through a direct integration with FordDirect’s Customer Journey […] [Read More]

Within hours of being inaugurated for the second time, President Trump officially designated Andrew Ferguson as chairman of the Federal Trade Commission. “I am honored that President Trump chose me to lead the Federal Trade Commission,” Ferguson said in a news release. “Under the president’s leadership, we will end the previous administration’s assault on the […] [Read More]

Educating consumers is widely considered a key to increasing sales of electric vehicles. So RockED and J.D. Power are teaming up to create more EV experts. The auto sales enablement platform announced an alliance with J.D. Power to launch the J.D. Power EV Expert Certification program, powered by RockED. The program is designed to deliver […] [Read More]

The number of vehicles with unrepaired recalls has grown dramatically in the past two years, according to the latest research by CARFAX — and a fourth of them have multiple recalls that haven’t been fixed. CARFAX said its data shows 58.1 million vehicles — about one in five cars on the road have an open […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a panel discussion focused on why “old habits die hard” when it comes to transporting repossessed vehicles. Moderated by Jay Wertzberger of ATI Auto Business, the panel included: —Vaughn Clemmons, Automotive Recovery Bureau and president of […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a panel discussion focused on how finance companies and dealerships can work even closer together to find “the right one,” which is the affordable vehicle that fits the customer’s needs. Moderated by Used Car Week Hall […] [Read More]

Prosidium Warranty & Capital, an international provider of automotive finance, insurance, and capital solutions for automotive, RV, and powersports dealers, recently hired Brady Jones as its new U.S. executive vice president of dealer success. With more than 25 years of leadership experience in the automotive industry, Prosidium Warranty & Capital highlighted Jones brings a proven […] [Read More]

Now with its acquisition of the Dealertrack registration and titling businesses from Cox Automotive successfully closed, Vitu finalized a new integration with RouteOne on Tuesday. The companies said now more dealers and finance companies nationwide can experience streamlined workflows and enhanced flexibility in the deal-making process. “Integrating with RouteOne will bring our Accelerated Title technology […] [Read More]