A year ago, BHPH United and Compliance Unleashed merged into a single training event to help buy-here, pay-here operators improve their businesses in a variety of ways, all within the confines of state and federal regulations. Last week, a third segment joined the training endeavor:  LHPH Capital, a leading provider of capital, education, and strategic […] [Read More]

Though they’re largely beating year-ago figures, prices in most segments of the retail used-vehicle market have decreased this month from October — and the decline has been particularly pronounced for pre-owned hybrids and electric vehicles, according to the latest Carfax Used Car Index. In an analysis, Carfax said used EV/hybrid prices are down almost $600 […] [Read More]

Lyft might be a newcomer to Quebec, but it’s eager to pitch in and help local communities in its new neighborhood. The ride-sharing company, which began operating in the province in June, said its Round Up & Donate program is now live in Quebec, allowing riders to support local causes by rounding up their fare […] [Read More]

You can make your own judgements about the state of the credit market based on October data from Cox Automotive and VantageScore. In October, Cox Automotive reported, the Dealertrack Credit Availability Index resumed its upward trend of improved credit access after a slight tightening in the previous month. The index edged up to 98.3 in […] [Read More]

As the holiday season shifts into high gear, Canada’s largest dealership group is jumping on board with a nationwide initiative to support Ronald McDonald House. Through the Drive the Spirit of the Season campaign, Dilawri’s 84 Canadian dealerships in five provinces are serving as collection stations for donations for families staying at Ronald McDonald Houses […] [Read More]

Artificial intelligence is not human — at least, not yet. So Toma has designed its latest AI systems to know when it’s time for a real person to get involved. The dealership AI agent technology provider has introduced Safeguards for its Service Agent product as well as Inbox, a unified hub for calls, texts and […] [Read More]

CarData, a national provider of vehicle inventory photography and dealership merchandising services, has acquired Southern California-based automotive services provider DiamondLot from founder Rick Wolverton. In a news release, CarData said the acquisition strengthens its operational footprint in the Southern California market and said it represents “a significant milestone” in its mission to deliver photo, video […] [Read More]

As 2025 nears its end, Hudson Automotive Group has pulled off one of the year’s biggest deals. In fact, the Charleston, S.C.-based dealership group’s acquisition of All Star Automotive Group’s 15 franchises in the Baton Rouge, La., area is the second-largest of the year in the number of franchises involved, according to Kerrigan Advisors, which […] [Read More]

On the franchised dealer side of its business, OPENLANE provides private-label programs for automakers, who can sell wholesale vehicles directly to their dealer bodies. “And what that means is the majority of franchise dealers out there are customers of ours through those private-label programs, and that creates a sort of an entry point and a […] [Read More]

If you’re even thinking about buying a new car, here’s a secret the auto industry won’t exactly scream from the rooftops: the stretch between Black Friday and New Year’s Eve is one of the best times of the year to score a deal. Yes, really. You might think the Thanksgiving to Christmas season is far […] [Read More]