Despite a strong employment picture, TransUnion acknowledged some consumers are still struggling financially due to elevated inflation and higher than normal interest rates. TransUnion also pointed out that the lowest income households — ones earning less than $50,000 — face another challenge, with only 35% indicating they have sufficient access to credit and lending products. […] [Read More]

Here’s perhaps a noticeable change of pace in the compliance and regulatory worlds. Both the American Financial Services Association and the Consumer Bankers Association are eager to see what’s coming next from the Consumer Financial Protection Bureau. It all stems from director Rohit Chopra being removed over the weekend and President Trump installing Treasury Secretary […] [Read More]

America’s Group has added another state to its auto auction footprint: New Jersey. The rapidly expanding auto auction company said Wednesday that it has acquired Car-Tech Auto Auction in Freehold, N.J., located roughly 60 miles northeast of Philadelphia and about 50 miles south of New York. The addition of Car-Tech expands America’s Group’s presence to […] [Read More]

Auto Hauler Exchange announced a major financial boost. The digital vehicle transportation marketplace has raised $5 million in a Series A funding round led by MHS Capital. The company said it plans to use the new capital to scale its operations, expand its team and enhance technology for its platform, which directly connects vehicle haulers […] [Read More]

Notable indictors such as wholesale values and conversion rates show that auction landscape is “very stable” after the first month of the year, according to Black Book’s newest installment of Market Insights released on Tuesday. But changes could be arriving soon. “The market continued to be very stable last week with depreciation following a normal […] [Read More]

The list of winners of the 21st annual Vincentric Best Value in America Awards looks awfully familiar. Toyota was named the Best Value Passenger Car brand for the 2025 model year — the 10th time it has won that award — and claimed the Best Value SUV and Van brand award for the eighth time. […] [Read More]

Edmunds recognized the top-rated dealerships on its platform with its annual Five Star Dealer Awards. The 2025 Edmunds Five Star Dealer Awards honored 107 stores nationwide in the Edmunds Dealer Partner program that posted an average customer sales review rating of 4.5 stars or better from at least 30 reviews on Edmunds in 2024. Ten […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a panel discussion with a group of dealers and experts explaining how the wholesale and retail markets are uniting nowadays. Moderated by CarOffer CEO Zach Hallowell, the panel featured Muhammet Citiroglu of Marathon Motors, Peter Hermes […] [Read More]

We continue our episodes of the Auto Remarketing Podcast from Used Car Week 2024 in Scottsdale, Ariz., with a panel discussion featuring a group of dealers sharing best practices and expectations for this year’s used-car market. Moderated by Mark Gilbert of ATN, the panel featured Mario Aguirre of Grapevine Honda, John Grace of Grace Auto […] [Read More]

As with many aspects of American life, the buy-here, pay-here dealership model has experienced dramatic changes over the last five years. It’s almost become cliché at this point, but the COVID-19 pandemic created a clear before-and-after moment for our industry. Gone are the days of primarily in-person transactions. Instead, new technology has transformed the customer […] [Read More]