Auto Retail News

  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

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

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

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

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,

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

The first quarter of 2025 has delivered new insights into the ongoing digital transformation within the auto finance sector. The Q1 Auto Finance Digital Transformation Index data reveals a continued upward trajectory in the adoption of digital proces

April saw a sharp increase in wholesale used vehicle prices according to Cox Automotive’s Manheim Used Vehicle Value Index. The Manheim Index climbed to 208.2, marking a 4.9 percent rise compared to last year and a 2.7 percent increase over March 2

As the 2025 U.S. election cycle ramps up, tariffs have reemerged as a flashpoint in trade discussions—especially in the auto sector. Donald Trump’s White House proposed 10 percent blanket import duty and 25 percent tariffs on vehicles imported fr