Meredith Motors, a family-owned and operated independent auto sales and repair center in Ballston Spa, N.Y., has been named Dealer of the Year 2025 by R&C Dealer Services, a recognition the company said underscores its rising reputation for integrity. R&C Dealer Services works with 22 independent dealerships in the Capital District surrounding New York’s state […] [Read More]

“Organized crime has moved in,” Jeremy Louisos said in an interview here at Used Car Week, “in a very serious and big way.” And not necessarily in the same historical sense as the exhibits at The Mob Museum, some 13 miles away in downtown Las Vegas. The vehicle transportation industry is combatting fraudsters that are […] [Read More]

myKaarma, an artificial intelligence-powered service lane platform for auto dealerships, announced a strategic investment from private equity firm Warburg Pincus to accelerate the company’s growth as it expands its portfolio of AI-driven fixed ops and payments systems. As part of the transaction, Warburg Pincus purchased a minority stake in myKaarma from previous investor H.I.G. Growth […] [Read More]

V20 is at last go for launch. The Vendor 20 Group, in the works for more than two years since its initial meeting in October 2023, is ready for prime time, debuting for the broader automotive industry at the NADA Show, Feb. 3-6 in Las Vegas. In a news release, V20 said it will offer […] [Read More]

More dealers are seeking inventory by buying directly from consumers. But some managers are still struggling with how to best execute a plan. To help dealers of all sizes in various markets, AutoAcquire AI CEO Anthony Monteiro appeared on the Live Stage presented by SYCN Auto Logistics during Used Car Week 2025. Monteiro’s conference conversation […] [Read More]

Last week, DriveCentric announced an enhanced integration with National Credit Center (NCC), and Dealer Pay formed a partnership with CrossCheck. On Monday, DriveCentric and Dealer Pay finalized their own relationship, so the CRM provider has a compliant payment collection tool within its platform. The companies explained that the partnership is designed to bring payment capability […] [Read More]

Experian recently released its annual Future of Fraud Forecast, identifying five fraud trends expected to impact businesses and consumers the most in 2026. Experts highlighted this year’s forecast shows fraudsters are rapidly weaponizing technologies to launch attacks that are more autonomous and harder to detect. From artificial intelligence-driven scams to deepfake job candidates, Experian acknowledged […] [Read More]

A dealer is being punished for committing fraud that prosecutors said had involved more than two dozen auto-finance providers, resulting in more than $2 million losses. Officials from the U.S. Attorney’s Office for the Eastern District of Virginia said last week that a Virginia Beach man who owned an independent dealership was sentenced to six […] [Read More]

NCC, a leading provider of integrated credit, compliance, desking, and fraud prevention solutions for automotive retailing, announced the launch of Consumer Document Exchange. Along with a claim of potentially saving a store more than $100,000 annually, the company highlighted the solution can give dealerships a compliant, secure, mobile-friendly way to request, send, sign, and collect […] [Read More]

The dealership buy-sell market’s active start to 2026 continued with two more multiple-store transactions announced this week. Pierce Automotive Group has acquired Lexus Carlsbad and Lexus Escondido in Southern California from Halo Motor Group. “This is a long-term commitment where our priority is continuity for employees and customers, and delivering an exceptional Lexus ownership experience […] [Read More]