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

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

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

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

Carvana released its first quarter financial results last week and they paint quite a picture for the automotive ecommerce platform. Carvana reported 46 percent year-over-year growth in retail units sold during Q1 2025, reaching an all-time high of 1

Spiffy has officially announced Recall Capture, its end-to-end recall automation platform designed specifically for mobile repair operations. Currently in limited beta with major dealership groups, Recall Capture is set to streamline the recall proce

Martin Kia Joins the Don Franklin Auto Group Family Martin Kia in Bowling Green, Kentucky has officially been acquired by Don Franklin Auto Group in a deal brokered by Performance Brokerage Services. Founded in 1985 by Cornelius A. Martin, Martin Ma

New light-vehicle sales surpassed a 17 million-unit seasonally adjusted annual rate (SAAR) for the second consecutive month according to NADA and Ward’s Intelligence. This reflects a 7.7 percent increase year over year as the threat of tariffs cont

Lotlinx has announced the appointment of Kerri Wise as its new Chief Marketing Officer. Wise will lead marketing strategy, brand development, and dealer engagement efforts as the company expands its artificial intelligence and machine learning offeri