Auto Retail News

Three dealers had fallen victim to the same sophisticated fraud scheme in just one week. The story spreading through dealership break rooms across the country is becoming all too familiar. A new wave of digital payment fraud has hit the auto industry

New-vehicle prices in November climbed higher year-over-year for the second straight month as the average transaction price (ATP) was $48,724, an increase of $699, or 1.5 percent, from November 2023, according to data from Kelley Blue Book released D

As we look back on the third quarter, the automotive market has revealed key trends that highlight the complexities of inventory management for auto retailers. In Q2, dealers experienced a 10 precent sales increase for new vehicles despite challenges

Soracom recently announced its global strategy for the connected car industry by addressing connectivity and cloud management challenges faced in putting more connected cars on the road. To that end, it showcases a proof of concept (PoC), developed i

The finance and insurance (F&I) process is a challenging part of the car-buying journey. Customers frequently encounter issues like lengthy wait times, high-pressure upselling of additional products, hidden fees, and confusing financing terms, al

As a tumultuous year comes to an end for CDK Global, the company has announced multi-year deals with three of the largest dealerships in the U.S. in the last few months Since September, CDK, the leading automotive retail software provider, announced

I’ve had the unique opportunity to witness the evolutionary impact of technology on dealer operations throughout the years, and the automotive industry moves faster than you might think. Tech has grown to become the main focus and the biggest pain

Rivian CEO RJ Scaringe is not a fan—to put it mildly—of current U.S. laws that he sees as protecting franchised auto dealers. The electric vehicle company has gone the direct-to-consumer model to sell its vehicles. But much like fellow EV car com

In its bid to continue to be the on the leading edge of auto technology, Audi has entered with companies advancing hands-free secure car access modern chat and digital retailing tools. NXP’s TrimensionNCJ29Dx family is the technology foundation bei