Auto Retail News
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Dealer/GM News
Traver Connect Expands Training Solutions to Assist Dealerships
Traver Connect has announced the expansion of its Learning & Development programs to better assist dealers. Designed to address pressing industry challenges such as declining repair order (RO) counts and customer retention, the new offerings aim
May 21, 2025
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Sales & Variable Ops
LLMs, Agentic AI, and Vertical AI: How Machines Are Improving Dealer Retail Operations
As dealers face rising complexity in inventory management, pricing, and profitability, especially with the 25% tariff on imported vehicles, machine-driven technologies are stepping in as vital tools—not just to handle data, but to make better, fast
May 20, 2025
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Dealer/GM News
Dealership Outlook Optimistic Among OEM Executives: Kerrigan
The 2025 Kerrigan OEM Survey provided a glimpse into the perspectives of automotive OEM executives, and it appears they are bullish on the future of the franchise dealership model. 78 percent of those surveyed expect blue sky values to remain steady
May 20, 2025
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Dealer Ops & Leadership
Tariffs Are Hitting More Than Your Margins — Here’s Where You’re Most at Risk
Auto dealers understand the economic hit of tariffs — rising costs, inventory delays, shrinking margins. But what often goes overlooked is how external instability quietly chips away at internal culture, employee confidence, and even long-te
May 19, 2025
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Dealer/GM News
New-Vehicle Affordability Took a Tariff-Fueled Hit in April
The new-vehicle average transaction price was $48,699 in April, a 2.5 percent increase from March according to Cox Automotive’s Kelley Blue Book. This price increase is more than double the average historical monthly gain of 1.1 percent and is surp
May 19, 2025
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Dealer Ops & Leadership
The Rise of Automotive Cybercrime: How Hackers Target Dealerships and How to Stop Them
Your dealership likely holds an extensive amount of sensitive data on your buyers – and, for that reason, cybercrime in the automotive industry is becoming increasingly worrying. Dealership software and network security weaknesses, for example, con
May 16, 2025
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Dealer/GM News
Bosch Accelerates U.S. Growth with Strategic Investments and Innovation
Bosch announced strong sales growth in the North American market as sales were up nearly five percent year over year in 2024. The company reported consolidated North American sales of $17.3 billion USD, with total regional sales, including internal a
May 16, 2025
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Sales & Variable Ops
Traditional vs. Modern Dealerships: A New Era in Car Sales
The automotive industry has significantly shifted from traditional to modern dealership models, reflecting broader technological advancements and evolving consumer preferences. With the advent of the digital era, car buying has fundamentally changed,
May 15, 2025
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Dealer/GM News
Informed.IQ Partners with Suncoast Credit Union to Drive AI-Powered Innovation in Auto Lending
Informed.IQ has announced a strategic partnership with Suncoast Credit Union, Florida’s largest credit union, to streamline auto loan funding and improve dealer relations. The collaboration leverages the funding analyst platform VerifyIQ to acceler
May 15, 2025