For a day, at least, the dealership buy-sell market is headed in one direction: North. Performance Brokerage Services announced it has advised on the sale of dealerships in Montana and Canada as the week begins. Minnesota-based Marthaler Automotive has acquired Honda of Helena in Helena, Mont. from Jim Parker. Marthaler Automotive founder and president Aaron […] [Read More]

July has been a busy month for Algebrik AI. The provider of a cloud-native, artificial intelligence-powered, digital-era loan origination suite not only finalized two more partnerships, Algebrik AI also landed the work for a Michigan credit union that’s been in operation since 1964. While the new partnerships are with AppOne and Spinwheel, perhaps what has […] [Read More]

As the pre-owned electric vehicle population grows, so too does the importance of measuring EV battery health. And its potential impact on residual values. With that in mind, J.D. Power ALG is now factoring in aggregated EV range and battery insights from Recurrent into its EV value forecasts. J.D. Power ALG has included the Recurrent […] [Read More]

Car dealers and car buyers both share a strong interest in the future of the auto retail business. But according to the latest research from automotive consulting and technology firm Urban Science and The Harris Poll, they have widely differing ideas about what that future will look like. For example [Read More]

For years, the service lane has been relegated to the back of the dealership. The sales department was often regarded as the glamorous department, characterized by quick deals, high commissions, and flashy, low-mileage vehicles. But given the economic climate of tariffs on new cars, supply chain disruptions over the years [Read More]

Let the cybersecurity war games begin. Two companies involved in battling online attacks — automotive cybersecurity software and services provider VicOne, and cybersecurity engineering firm Block Harbor — announced they have created the Global Vehicle Cybersecurity Competition. During the event, set for Aug. 22-25 and Aug. 29-Sept. 1, participants will compete head-to-head in a Capture […] [Read More]

DriveItAway Holdings has joined forces with Free2move, the global mobility brand of Stellantis, to launch Free2move Powered by DriveItAway, a national initiative that aims to “transform dealerships into next-generation mobility hubs.” In a news release, DriveItAway said the integration of its flexible lease-to-own subscription platform into Free2move’s modular software-as-a-service marketplace is designed to deliver a […] [Read More]

For dealerships and finance companies looking for an interest rate cut next week, Christopher Waller of the Federal Reserve is arguing vehemently on your behalf. During an appearance last week at New York University, the Fed governor recapped the position he’s made as part of the Federal Open Market Committee to cut the federal funds […] [Read More]

Big Time Advertising founder and CEO Terry MacCauley acknowledged running a dealership isn’t easy nowadays. Shared earlier this year but still relevant as we get to the dog days of summer, MacCauley highlighted five ways to cut costs and boost dealer profits for the remainder of 2025. “Profitability, strained by high interest rates and rising […] [Read More]

America’s Auto Auction has spent the past several years investing in the business by acquiring auctions nationwide and, most recently, expanding its specialty sales segment. Its latest investment announcement is about something more personal — its people. The company has launched America’s Leadership Journey, a 12-week leadership development program designed to cultivate confident, capable and […] [Read More]