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

Foresight Autonomous Holdings Ltd., an innovator in automotive vision systems, announced that its stereoscopic 3D perception systems would likely comply with the strategic initiative of the impending Trump administration’s recent publicly stated co

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

Real-Time Innovations (RTI), the infrastructure software company for smart-world systems, announced that RTI Connext Drive has met all automotive industry quality standards by achieving ASPICE CL1, ISO 21434, and ISO 26262 process certificatio

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

Jack Schmitt Chevrolet, a family-owned business, is proud to announce they have invested in new technology to help make things easier and more efficient for its customers. The dealership has purchased several devices from UVeye, a company that specia

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