Auto Retail News

As we step into 2025, the automotive retail industry is ready to take its next step in modernizing its operations, where artificial intelligence (AI) and machine learning (ML) are poised to reimagine dealership operations. The focus is shifting from

UVeye has partnered Toyota with a fund backed by in its latest round of fundraising, announcing an infusion of $191 million to bring total capital raised to date to $380.5 million. The round was led by Woven Capital, Toyota’s growth fund dedic

The future of electric vehicles (EVs) is now. With EVs redefining the automotive market, dealerships find themselves at the epicenter of this industry-wide transformation. From adapting sales strategies to modernizing insurance and financing workflow

Bohn Brothers Automotive Group Sells Toyota of Slidell to Carlock Automotive   New Orleans-based Bohn Brothers Automotive Group sold its Toyota of Slidell dealership to Tennessee-based Carlock Automotive, the final of four dealerships in the Bohn B

Compared to a year ago, Cox Automotive is forecasting an improved start for new vehicle sales in 2025. Historically a low-volume month, January volume is projected to reach 1.125 million a 5.2 percent increase compared to January 2024. Cox Automotiv

A federal court ruled against a federal agency’s rules to ban bait-and-switch tactics and prohibit auto dealers charging for add-on costs that do not benefit new car buyers. The 5th Circuit Court of Appeals, in a 2-1 decision, sided with National A

As the saying goes, timing is everything. Those expecting U.S. electric vehicle adoption rates to accelerate as quickly as Europe’s underestimated this universal truth. To be fair, the 8.9 percent EV share of overall auto industry sales during Q3 2

New-vehicle buyers reported a record 75 percent satisfaction rate with the overall shopping experience, the highest ever record in the 15 year history of Cox Automotive’s 2024 Car Buyer Journey (CBJ) Study. According to analysis, the surge is attri

In today’s digital age, the automotive industry has embraced many technological advancements to streamline operations and enhance customer experiences. Among these, the digitalization of Deal Jackets—the comprehensive records that encapsulate eve