Auto Retail News

Better Car People (BCP) has acquired Proactive Dealer Solutions (PDS), the fourth major recent acquisition by BCP that boosts the customer engagement platform for auto dealers and OEMs The union combines BCP’s lead engagement platform, generati

As the rise of the electric vehicle (EV) industry continues to shape the automotive landscape around the world, manufacturers and consumers in the US are beginning to adapt. Research published by the Bureau of Labor Statistics reveals electric car sa

AppraisalPRO began operations on June 25, a company intent on revolutionizing the vehicle appraisal industry with AI database designed to provide new and used car dealers nationwide with the market’s most powerful tool for optimizing trade-in value

A recent review of auto dealerships found that while profitability for the average U.S. auto dealership remains well above pre-2020 levels, the profit erosion from pandemic highs accelerated to start the year. The findings are part of Presidio Perspe

Let’s talk leads, specifically inbound internet leads. What makes them challenging and how do you overcome those challenges to drive success? The reality is there’s gold in those leads, lots of gold, and if handled with energy, excitement

Dealers across the U.S. resorted to pen and pencil to complete transactions in their dealerships as one of the key software programs remained down over the weekend. CDK Global has not made any public comments since shutting down their services on Thu

The term “digital native” describes people who were practically born with smart devices in their hands and have grown up consistently using technology for communication and information gathering. This tech-savvy consumer group mainly comp

On June 17, Fisker filed for  Chapter 11 bankruptcy protection, less than two weeks after the troubled electric vehicle maker recalled the nearly 7,000 Ocean SUVs from the 2023 model year due to an issue regarding the Motor Control Unit (MCU). ̶

Federal regulators have placed a bullseye on “junk fees,” targeting auto finance and other industries with a consistent drumbeat of enforcement actions, rules, and supervisory actions. Consumer Financial Services Protection (CFPB) Director Rohit